The Only Proven Road to Investment Success: Everyone's Simple Guide to a Safe Trip
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- Wiley
More About This Title The Only Proven Road to Investment Success: Everyone's Simple Guide to a Safe Trip
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CHANDAN SENGUPTA currently teaches finance at the Fordham University Graduate School of Business. He specializes in Investments, Financial Modeling, Business Valuation, and Corporate Finance. Formerly, he was a vice president in the corporate treasury of the Chase Manhattan Bank for eight years and senior financial advisor for Mobil Corporation for ten years.
English
Acknowledgements.
Introduction.
OVERVIEW OF THE TRIP.
The Many Proven Roads to Investment Disasters.
The Only Proven Road to Investment Success - in a Nutshell.
PREPARING FOR THE TRIP.
Take the Easiest Route--Rule #1: Keep Everything Simple and then Simplify Some More.
Pickup the Freebies--Rule # 2: Allow the Magic of Compounding Work its Magic.
Be Prepared for Bad Weather--Rule #3: Invest Only in Assets that will Keep You Ahead of Inflation.
Buy the Reliable Average Car and Drive it Forever--Rule #4: Invest in Stocks by Buying a Little Bit of Everything and Hold on Through all Ups and Downs.
Be a Safe But not Timid Driver--Rule #5: Invest in Stocks the Most You Can Prudently Afford.
Do Not Go on a Long Trip Driving a Gas Guzzler--Rule #6: Save Every Penny of Investment Costs You Can.
Avoid Toll Roads Whenever You Can--Rule #7: Use Every Opportunity to Reduce and Delay Uncle Sam's Take.
Be Prepared for Road Works and Traffic Jams--Rule #8: Have Realistic Expectations.
Know Your Route and Stick to It--Rule #9: Invest with Conviction, Invest with Discipline, Invest with Patience.
Do Not Take Along Freeloaders and Distracters--Rule #10: Choose the Right Companions for Your Trip.
Ignore the Glitzy Billboards and Stay on Your Route--Rule #11: Resist the Lure of the Siren Songs.
The Eleven Potholes that Ruin Most Trips.
Making the Last Key Decision About Your Trip.
GETTING ON THE ROAD AND HAVING A SAFE TRIP.
A Quick Review of Your Plan for the Trip.
On the Only Proven Road to Investment Success.
Getting the Best Advice from Guru.
FOR THE MORE ADVENTUROUS TRAVELER.
The Most Dangerous Myth About Investing.
A Few Other Investments Choices.
Appendix A: Recommended Fund Companies and Funds.
Appendix B: Comparison of Safe Investment Options.
Appendix C: Miscellaneous Resources.
Index.
Introduction.
OVERVIEW OF THE TRIP.
The Many Proven Roads to Investment Disasters.
The Only Proven Road to Investment Success - in a Nutshell.
PREPARING FOR THE TRIP.
Take the Easiest Route--Rule #1: Keep Everything Simple and then Simplify Some More.
Pickup the Freebies--Rule # 2: Allow the Magic of Compounding Work its Magic.
Be Prepared for Bad Weather--Rule #3: Invest Only in Assets that will Keep You Ahead of Inflation.
Buy the Reliable Average Car and Drive it Forever--Rule #4: Invest in Stocks by Buying a Little Bit of Everything and Hold on Through all Ups and Downs.
Be a Safe But not Timid Driver--Rule #5: Invest in Stocks the Most You Can Prudently Afford.
Do Not Go on a Long Trip Driving a Gas Guzzler--Rule #6: Save Every Penny of Investment Costs You Can.
Avoid Toll Roads Whenever You Can--Rule #7: Use Every Opportunity to Reduce and Delay Uncle Sam's Take.
Be Prepared for Road Works and Traffic Jams--Rule #8: Have Realistic Expectations.
Know Your Route and Stick to It--Rule #9: Invest with Conviction, Invest with Discipline, Invest with Patience.
Do Not Take Along Freeloaders and Distracters--Rule #10: Choose the Right Companions for Your Trip.
Ignore the Glitzy Billboards and Stay on Your Route--Rule #11: Resist the Lure of the Siren Songs.
The Eleven Potholes that Ruin Most Trips.
Making the Last Key Decision About Your Trip.
GETTING ON THE ROAD AND HAVING A SAFE TRIP.
A Quick Review of Your Plan for the Trip.
On the Only Proven Road to Investment Success.
Getting the Best Advice from Guru.
FOR THE MORE ADVENTUROUS TRAVELER.
The Most Dangerous Myth About Investing.
A Few Other Investments Choices.
Appendix A: Recommended Fund Companies and Funds.
Appendix B: Comparison of Safe Investment Options.
Appendix C: Miscellaneous Resources.
Index.
English
"This compact book really does provide The Only Proven Road to Investment Success. And `the road' is a wonderful metaphor: Don't drive a gas-guzzler (keep costs low). Avoid toll roads (reduce Uncle Sam's take). Beware of potholes (active management, market timing, acting on impulse, joining the herd). It drives home the central message that will make you a long-term winner: the secret of investing is simplicity." - John C. Bogle, Founder, The Vanguard Group
"Personal investment has become both an opportunity and a hazard for all but experts. As stocks have soared and the collapsed in recent years, there is a crying need for first-rate, disinterested advice on how to invest. Sengupta's book gives us precisely that. Written with authority and accessibility, it is a marvelous guide that no investor can do without. Read, implement, and prosper." - Jagdish Bhagwati, University Professor, Columbia University, External Advisor to the Director General, WTO
