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Wealth of Experience: Real Investors on What Works and What Doesn't

Wealth of Experience: Real Investors on What Works and What Doesn't Hardcover - 2003 - 1st Edition

by Clarke, Andrew; Brennan, Jack

  • Used
  • very good
  • Hardcover
  • first

Presenting a fresh approach to investment guidance, "Wealth of Experience" is built on real investors' stories about what has worked--and what hasn't worked--for them during their personal investment journeys.

Description

Wiley, 2003-05-16. Hardcover. Very Good. 9x5x1. Clean, solid copy with no writing, highlighting, or marks to text. Cover corners are square; light bumps to spine ends. Jacket has light surface and edge wear. No tears. Looks very good overall. 1st edition/1st printing with mostly green jacket. ISBN matches listing. Books that sell for $9 or more ship in a box; under $9 in a bubble mailer. Expedited and international orders may ship in a flat rate envelope rather than a box due to cost constraints. All US-addressed items ship with complimentary delivery confirmation.
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Details

  • Title Wealth of Experience: Real Investors on What Works and What Doesn't
  • Author Clarke, Andrew; Brennan, Jack
  • Binding Hardcover
  • Edition number 1st
  • Edition 1
  • Condition Used - Very Good
  • Pages 240
  • Volumes 1
  • Language ENG
  • Publisher Wiley, Somerset, New Jersey, U.S.A.
  • Date 2003-05-16
  • Illustrated Yes
  • Features Bibliography, Dust Cover, Glossary, Illustrated, Index, Table of Contents
  • Bookseller's Inventory # CA3170221034
  • ISBN 9780471226840 / 047122684X
  • Weight 1.02 lbs (0.46 kg)
  • Dimensions 9.46 x 6.04 x 0.86 in (24.03 x 15.34 x 2.18 cm)
  • Library of Congress subjects Finance, Personal - United States, Investments - United States
  • Library of Congress Catalog Number 2003545143
  • Dewey Decimal Code 332.024

Summary

Practical advice for investors from investors Presenting a fresh approach to investment guidance, Wealth of Experience is built on real investors' stories about what has worked-and what hasn't worked-for them during their personal investment journeys. The Vanguard Group, one of the world's most respected investment companies, asked hundreds of investors who have succeeded in accumulating real wealth to explain how they've gone about it. Their personal accounts make this a one-in-a-kind book with extraordinary insights on saving, investing, and managing money from "ordinary investors" for their peers. Wealth of Experience has straightforward, battle-tested advice on investing for retirement, learning about finance, and managing money. The invaluable guidance from experienced fellow investors can help readers avoid major financial pitfalls and learn from mistakes others have made. Vanguard's research confirmed its long-held belief that individual investors-sometimes deri...

First line

The investment literature is rich with theory.

From the jacket flap

Presenting a fresh approach to investment guidance, Wealth of Experience is built on real investors' stories about what has and what hasn't worked for them during their per-sonal investment journeys. Based on responses of 600 investors to a detailed survey, this one-of-a-kind book distills the investment wisdom of ordinary human beings-men and women, working and retired, young and old-into a simple plan that can help you enhance your prospects for long-term success and avoid major financial mistakes.

Chapter by chapter, you'll be introduced to the building blocks of a successful investing program. You'll learn how to approach these building blocks from different angles so you can achieve your individual goals. Through the personal accounts of "What Works" investors and informative sidebars from Vanguard officers, you'll receive a down-to-earth education on important investment issues that include developing a portfolio; managing taxes on your investments; avoiding self-destructive moves; and keeping your costs low. Detailed discussion shows you how to:

  • Save today so you can have financial success tomorrow
  • Establish a plan and find a strategy to make it happen
  • Study the investment process and understand your investments
  • Diversify and allocate your assets
  • Select investments with the right combination of benefits and trade-offs for your unique goals
  • Monitor portfolio performance and make midcourse corrections

Wealth of Experience also explores how you can leave a lasting investment legacy, both financial and behavioral, by donating to charitable organizations or shaping the investment habits of your children and grandchildren.

Wealth of Experience approaches investing from the perspectives of ordinary people who have experienced the successes and failures that characterize any investment program. It shows that real people from all walks of life can invest to meet their financial goals without access to highly paid advisers or complicated investment strategies. Filled with practical advice for investors from investors, Wealth of Experience will illuminate an investment path that is right for you.

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About the author

ANDREW S. CLARKE is a senior financial writer at The Vanguard Group. Before joining Vanguard, he worked for Morningstar, the investment research firm. Mr. Clarke is a Chartered Financial Analyst.

JOHN J. BRENNAN is the Chairman and Chief Executive Officer of The Vanguard Group and author of the bestseller, Straight Talk on Investing, also published by Wiley.

THE VANGUARD GROUP is the world's second-largest mutual fund company, with 15 million shareholder accounts and $600 billion in assets under management. Vanguard pioneered low-cost index mutual funds, and has distinguished itself as a champion of superior client service and low investor costs.