As a personal finance blogger I get the opportunity of receiving books about well, personal finance from time to time. I don’t always get to read them all (yet) but some I do while others are moved to the front of my reading list for when I get a chance. I wanted to tell you about one that’s on my short list to read.
The Power of Passive Investing by Rick Ferri
I haven’t read this book yet but I will soon. In The Power of Passive Investing, Ferri makes the case for owning only low-cost index funds and ETF’s. I’ve heard a lot about how active funds tend to not beat the market and that most of us would do better with low-cost index funds (Warren Buffet and Tom Gardner come to mind).
I certainly don’t want to have my returns eaten up by commissions and taxes. Investing in ETF index funds is something I’ve slowly been doing but I want to learn more. I was excited to get a copy of this book and start expanding my investing knowledge.