Details

Preface xi <p>Introduction: Take a Journey with Me 1</p> <p><b>Part I The Five Essentials 9</b></p> <p>Chapter 1 The First Essential: Determine the Right Asset Allocation 11</p> <p>Chapter 2 The Second Essential: Diversify within Asset Classes 19</p> <p>Chapter 3 The Third Essential: Understand and Control Risk 37</p> <p>Chapter 4 The Fourth Essential: Keep Your Costs Low 43</p> <p>Chapter 5 The Fifth Essential: Choose the Right Financial Media to Follow 49</p> <p><b>Part II Actions and Strategies to Implement the Essentials 75</b></p> <p>Chapter 6 Developing Media Expertise 77</p> <p>Chapter 7 How to Build Mutual Fund Portfolios for Lifetime Profits 99</p> <p>Chapter 8 Index Fund Investing: Beyond the S&P 500 113</p> <p>Chapter 9 How to Survive Bear Markets 121</p> <p>Chapter 10 The Case for Market Timing 129</p> <p>Chapter 11 The No-Work Way to a Comfortable Retirement . . . Maybe 145</p> <p>Chapter 12 Dealing with Professionals 153</p> <p><b>Part III Becoming a Well-Rounded Money Maven 173</b></p> <p>Chapter 13 For Clearer Thinking 175</p> <p>Chapter 14 The Psychology of Investing 195</p> <p>Chapter 15 Integrity, or the Lack of It 211</p> <p>Chapter 16 Women Aren’t Different; They Just Live Longer 225</p> <p>Chapter 17 Adventures in Collectibles 233</p> <p>Chapter 18 Vanity Investments 239</p> <p>Chapter 19 Increasing Your Workplace Income 245</p> <p>Epilogue: Journey's End 257</p> <p>Appendix: Directory of Newsletters with Model Portfolios 261</p> <p>Glossary 265</p> <p>Acknowledgments 281</p> <p>About the Author 283</p> <p>Index 285</p> <p><i>A wise man should have money in his head, but not in his heart.<br /> </i>—Jonathan Swift</p>

<p><b>SHELDON JACOBS</b> is the author of the first ever self-help book on no-load mutual funds, <i>Put Money in Your Pocket</i>. In 1979, he founded the popular investment newsletter <i>The No-Load Fund Investor</i>, which went on to become the number one financial newsletter in America for risk-adjusted performance for a fifteen year period ending in 2006, and for which he is now a contributing editor. Mr. Jacobs is a member of <i>Bottom Line/Personal</i>'s investment advisory panel, was a founding advisor to Charles Schwab's Financial Advisory Service Board, and has been listed in<i> Who's Who in America</i>.

<p><b>INVESTING WITHOUT WALL STREET</b> <p>In July of 1993, Sheldon Jacobs was one of five nationally recognized mutual fund advisors chosen by <i>The New York Times</i> for a mutual fund portfolio competition. The portfolio that he selected produced the highest return of all contestants for almost seven years, and the <i>Times</i> quarterly publication of this contest helped him become one of the best-known mutual fund advisors in America. <p><i>Investing without Wall Street</i> shows investors how to achieve the greatest wealth with the least effort. It details the five essentials that even a kid could master and shows that they are all you need to be a successful investor. With this knowledge, the average investor can invest on his or her own and make $252,000 more than a person investing the same way who shares his or her profits with professionals. This book will teach you how.

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