Comments on: Book Review: The Elements of Investing http://www.canadiancapitalist.com/book-review-the-elements-of-investing/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Some Links For The Weekend http://www.canadiancapitalist.com/book-review-the-elements-of-investing/#comment-524662 Some Links For The Weekend Wed, 11 May 2011 00:24:04 +0000 http://www.canadiancapitalist.com/?p=3692#comment-524662 [...] Capitalist reviews the book Elements of Investing written by Burt Malkiel (Random Walk down Wall Street) and Charles Ellis (Winning the Loser’s [...] [...] Capitalist reviews the book Elements of Investing written by Burt Malkiel (Random Walk down Wall Street) and Charles Ellis (Winning the Loser’s [...]

]]> By: Free Download of The Elements of Investing | Canadian Capitalist http://www.canadiancapitalist.com/book-review-the-elements-of-investing/#comment-252260 Free Download of The Elements of Investing | Canadian Capitalist Mon, 30 Aug 2010 22:01:51 +0000 http://www.canadiancapitalist.com/?p=3692#comment-252260 [...] Elements of Investing (read my review here) by Burton Malkiel and Charles Ellis managed to boil down investing to its elements in a short book [...] [...] Elements of Investing (read my review here) by Burton Malkiel and Charles Ellis managed to boil down investing to its elements in a short book [...]

]]> By: Burton Malkiel and Charles Ellis Talk Investing | MoneySense http://www.canadiancapitalist.com/book-review-the-elements-of-investing/#comment-229122 Burton Malkiel and Charles Ellis Talk Investing | MoneySense Tue, 29 Jun 2010 13:09:38 +0000 http://www.canadiancapitalist.com/?p=3692#comment-229122 [...] The Elements of Investing (read my review here), authors Burton Malkiel and Charles Ellis boil down everything they’ve learnt about investing [...] [...] The Elements of Investing (read my review here), authors Burton Malkiel and Charles Ellis boil down everything they’ve learnt about investing [...]

]]> By: Burton Malkiel and Charles Ellis Talk Investing | Canadian Capitalist http://www.canadiancapitalist.com/book-review-the-elements-of-investing/#comment-229056 Burton Malkiel and Charles Ellis Talk Investing | Canadian Capitalist Tue, 29 Jun 2010 02:38:58 +0000 http://www.canadiancapitalist.com/?p=3692#comment-229056 [...] The Elements of Investing (read my review here), authors Burton Malkiel and Charles Ellis boil down everything they’ve learnt about [...] [...] The Elements of Investing (read my review here), authors Burton Malkiel and Charles Ellis boil down everything they’ve learnt about [...]

]]> By: Amy http://www.canadiancapitalist.com/book-review-the-elements-of-investing/#comment-217103 Amy Fri, 23 Apr 2010 03:24:21 +0000 http://www.canadiancapitalist.com/?p=3692#comment-217103 I'll look this one up next time I'm at the bookstore. The KISS principles they layout pretty much follow the fundamental ideas around passive index investing that we've all heard before. Thanks for the quick review. I’ll look this one up next time I’m at the bookstore. The KISS principles they layout pretty much follow the fundamental ideas around passive index investing that we’ve all heard before. Thanks for the quick review.

]]> By: Lior http://www.canadiancapitalist.com/book-review-the-elements-of-investing/#comment-216515 Lior Sun, 18 Apr 2010 17:19:36 +0000 http://www.canadiancapitalist.com/?p=3692#comment-216515 This book seems to resonate along the lines of "Unconventional Success" by David Swensen as well as "Common Sense on Mutual Funds" by John Bogle. There are people who are under the mistaken belief that to generate good returns the average investor's portfolio must have complex asset allocation and esoteric holdings. On the contrary, the simpler the portfolio the higher the chance of a more pure market return. 1) Start saving early by setting realistic goals 2) Ensure the asset allocation in your portfolio remains in sync with your level of risk aversion and overall investment objectives 3) Keep costs and taxes to a minimum by avoiding most high turnover actively managed mutual funds and opting for tax-deferred savings whenever possible (not only do their investments grow tax-sheltered but for most people their MTR at retirement would be lower than it is during their working years) 4) Balance your portfolio at least annually (some individuals may choose to do so semi-annually) 5) Hammer away at your debt first -- for example, when it comes to contributing to an RRSP or TFSA vs. paying down your mortgage, ideally you should do both. However, if you have a large mortgage, it may be worthwhile to allocate more money to paying it off as opposed to maximizing your RRSP contribution room This book seems to resonate along the lines of “Unconventional Success” by David Swensen as well as “Common Sense on Mutual Funds” by John Bogle. There are people who are under the mistaken belief that to generate good returns the average investor’s portfolio must have complex asset allocation and esoteric holdings. On the contrary, the simpler the portfolio the higher the chance of a more pure market return.

1) Start saving early by setting realistic goals
2) Ensure the asset allocation in your portfolio remains in sync with your level of risk aversion and overall investment objectives
3) Keep costs and taxes to a minimum by avoiding most high turnover actively managed mutual funds and opting for tax-deferred savings whenever possible (not only do their investments grow tax-sheltered but for most people their MTR at retirement would be lower than it is during their working years)
4) Balance your portfolio at least annually (some individuals may choose to do so semi-annually)
5) Hammer away at your debt first — for example, when it comes to contributing to an RRSP or TFSA vs. paying down your mortgage, ideally you should do both. However, if you have a large mortgage, it may be worthwhile to allocate more money to paying it off as opposed to maximizing your RRSP contribution room

]]> By: Bob http://www.canadiancapitalist.com/book-review-the-elements-of-investing/#comment-216233 Bob Fri, 16 Apr 2010 04:03:24 +0000 http://www.canadiancapitalist.com/?p=3692#comment-216233 Investing for the long term.....you must be a mutual fund adviser! Investing for the long term…..you must be a mutual fund adviser!

]]> By: Brian http://www.canadiancapitalist.com/book-review-the-elements-of-investing/#comment-216168 Brian Thu, 15 Apr 2010 13:56:39 +0000 http://www.canadiancapitalist.com/?p=3692#comment-216168 I'll look this one up next time I'm at the bookstore. The KISS principles they layout pretty much follow the fundamental ideas around passive index investing that we've all heard before. Thanks for the quick review. I’ll look this one up next time I’m at the bookstore. The KISS principles they layout pretty much follow the fundamental ideas around passive index investing that we’ve all heard before. Thanks for the quick review.

]]> By: Tweets that mention Book Review: The Elements of Investing | Canadian Capitalist -- Topsy.com http://www.canadiancapitalist.com/book-review-the-elements-of-investing/#comment-216070 Tweets that mention Book Review: The Elements of Investing | Canadian Capitalist -- Topsy.com Thu, 15 Apr 2010 04:47:55 +0000 http://www.canadiancapitalist.com/?p=3692#comment-216070 [...] This post was mentioned on Twitter by Canadian Capitalist. Canadian Capitalist said: New Blog Post: Book Review: The Elements of Investing http://bit.ly/avbzyb [...] [...] This post was mentioned on Twitter by Canadian Capitalist. Canadian Capitalist said: New Blog Post: Book Review: The Elements of Investing http://bit.ly/avbzyb [...]

]]> By: Doctor Stock http://www.canadiancapitalist.com/book-review-the-elements-of-investing/#comment-216068 Doctor Stock Thu, 15 Apr 2010 04:45:27 +0000 http://www.canadiancapitalist.com/?p=3692#comment-216068 Thanks for saving me the $17... that's a few trades :) Thanks for saving me the $17… that’s a few trades :)

]]>