Sophisticated, simple "Bible" for long-term investors, especially those in or approaching retirement
In just 10 short, accessible, and inviting chapters, Rethinking Investing: A Very Short Book on Very Long-Term Investing presents straightforward steps that ordinary people can take to better invest their money. This book dispels myths about the value of investment managers, highlights emotional tendencies that can cloud our financial judgment, explains why index funds are a savvy choice, and reveals secrets like why it's better to wait until age 70 to receive Social Security benefits--along with the calculations that make this decision crystal-clear.
Written by renowned investor and popular author Charley Ellis, this must-read resource shows you how to set yourself up for investment success in three easy steps, with information on:
- Creating an optimal nest-egg withdrawal strategy to ensure you never run out of money, even if you live until age 100
- Maximizing returns through tactics like reducing your tax bill and making full use of diversified investment vehicles
- Using a safe, passive investment strategy and letting the modern stock market do all of the hard work for you
Rethinking Investing: A Very Short Book on Very Long-Term Investing is an essential read for long-term investors who want to start getting more from their money, especially those in or approaching retirement seeking to secure happier outcomes later in life.