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The Lazy Person's Guide To Investing
The Lazy Person's Guide To Investing
The Lazy Person's Guide To Investing
Audiobook (abridged)3 hours

The Lazy Person's Guide To Investing

Written by Paul B. Farrell

Narrated by Nick Summers

Rating: 4 out of 5 stars

4/5

()

About this audiobook

Popular CBS Marketwatch columnist Farrell provides a thoroughly enjoyable and straightforward look at what he sees as "the future of investing"-"simple lazy portfolios that'll work for anyone and are easy to understand." He provides three different model portfolios based on one simple formula: "rock-solid, easy-to-understand asset allocation using no-load index funds." Farrell is a huge proponent of no-load funds such as the Vanguard 500 Index, which tracks the Standard & Poor 500 listing of America's largest companies, and the Vanguard Total Bond Market Fund Index, which matches the performance of the Lehman Brothers Aggregate Bond Index. Farrell persuasively argues that the strong long-term performance of these funds, even during hard market times-along with the strong performance of other Vanguard index funds such as those for large-cap and small-cap value-proves that "the only rational strategy" for the vast majority of America's 94 million mutual fund investors is "a simple buy 'n' hold strategy" that diversifies portfolio assets across multiple categories of assets. Packed with clear examples of how regular people can easily handle their own investments, Farrell's guide also takes on other sacred cows, such as Wall Street's belief that brokers know more than you do, and provides an exciting and illuminating section on no-load stocks, or DRIPs, which he calls "Wall Street's best-kept secret."
LanguageEnglish
Release dateJan 1, 2004
ISBN9781593163549
The Lazy Person's Guide To Investing

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Reviews for The Lazy Person's Guide To Investing

Rating: 4.189655172413793 out of 5 stars
4/5

58 ratings9 reviews

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  • Rating: 4 out of 5 stars
    4/5
    Describes a super-easy portfolio. Then, to fill up the rest of the book, describes a few more variations on the theme. But you can be lazier and just read one of them.

    1 person found this helpful

  • Rating: 4 out of 5 stars
    4/5
    It was an interesting book to listen to. I learn a lot of tips to become a lazy investor who at the end is not really that lazy.
  • Rating: 4 out of 5 stars
    4/5
    Pretty good, subtlety entertaining and reminding me of various principals and ideas. Good as a primer I say (I'm an intermediate investor), but I gave it a go as I multi-tasked, and was glad I did so. Enjoy. I liked the reading, tone and style.
  • Rating: 1 out of 5 stars
    1/5
    This audiobook failed to keep my interest, the story telling is terrible which makes you think that most of the time I am wasting time listening to the book
    In addition all this things about vanguard sounds awesome but it feels that the book only focuses towards American citizens.

    The underlying information on low cost index funds are true but other than that I don’t see why someone needs 4 hours listen to this book.
  • Rating: 5 out of 5 stars
    5/5
    Listened it once but I feel like I should listen to the book again and take notes.
  • Rating: 4 out of 5 stars
    4/5
    A gem! Easy going style the clearly covers the pros and cons of various approaches to simple investment asset allocation. The author is NOT grinding his own investment approach axe (now that is a novel concept for this genre!).
  • Rating: 1 out of 5 stars
    1/5
    Not very good. The novice investor should stay away from this book.
  • Rating: 5 out of 5 stars
    5/5
    A great add on to bogle's little book of common sense investing
  • Rating: 5 out of 5 stars
    5/5
    Really good read.
    Teach you to invest in easy and logical way
    Shows you different strategies