Index Funds By Mark Hebner – Instant Download!
Index Funds – A 12-Step Program to Optimal Investing
The financial services industry harbors a hidden truth that costs global investors nearly $2.5 trillion each year. This secret quietly erodes investment portfolios and retirement accounts for almost every investor.
In 1900, French mathematician Louis Bachelier first revealed this troubling reality, and subsequent academic research has repeatedly confirmed his findings. This book provides compelling evidence of this phenomenon and shows investors how to achieve their optimal rate of return by aligning their risk capacity with an appropriate level of risk exposure.
The solution is simple: a globally diversified portfolio of index funds. This approach is the most reliable way for investors to recover from below-market returns caused by gambling with their hard-earned money.
Index Funds presents a 12-Step Program designed to guide active investors toward a sound and prudent strategy of buying, holding, and rebalancing an index portfolio. Each step brings investors closer to embracing disciplined, long-term investing and maximizing portfolio performance.
Review
Using a 12-Step Program for Active Investors, Mark T. Hebner delivers investing insights in a direct and compelling manner, supported by quotes from Nobel Prize winners. The dozens of original artworks throughout the book by Lala Ragimov add humor and humanity to an otherwise serious and thought-provoking topic.
Hebner begins by highlighting a little-known fact: markets generally outperform professional managers. He sets out to prove this conclusion in a modern, accessible, and intelligent way. After realizing that his own lack of understanding had cost him a staggering amount of money, Hebner analyzed his portfolio performance and recognized that this knowledge could help investors break destructive investing patterns.
The author makes a persuasive argument against the common belief that investors must actively manipulate their portfolios to outguess the unpredictable movements of stocks, markets, managers, and investment styles.
— Joan Phelps, Forward Magazine
About the Author
Mark T. Hebner is the president of Index Funds Advisors in Irvine, California. His flagship website, ifa.com, is widely regarded as the leading online source of information on index funds.
Hebner has founded, led, and served as CEO of three companies, one of which became publicly traded. His personal journey to index fund investing began after he discovered that his own portfolio significantly underperformed market averages, ultimately costing him approximately $30 million. Since then, he has dedicated himself to educating investors on the advantages of index fund investing.
To support this mission, Hebner led a team of more than 60 writers, artists, graphic designers, mathematicians, statisticians, and researchers to build ifa.com, the Internet’s most comprehensive website on index funds. This effort laid the groundwork for the creation of Index Funds: The 12-Step Program for Active Investors, providing readers with clear, actionable guidance to achieve long-term investing success.
