The Little Book of Robo Investing

How to Make Money While You Sleep
1. Auflage 2024
ISBN: 978-1-394-22522-4
Verlag: Turner Publishing Company

Buch, Englisch, 288 Seiten, Format (B × H): 134 mm x 183 mm, Gewicht: 304 g

Reihe: Little Books. Big Profits

"This gem of a book should be required reading for everyone seeking to enhance their financial security."
-Burton G. Malkiel, author of A Random Walk Down Wall Street (50th anniversary edition, 2023)

Explore easy, automated, and low-cost ways to invest using online platforms

In The Little Book of Robo Investing: How to Make Money While You Sleep, a pair of long-time investors and founding team members at the pioneering and award-winning online investment platform Wealthfront deliver a fun, invaluable, and simple roadmap to making your money make money. You'll learn how to start investing with the easy, automated, and low-cost strategies that robo investment advisors have made super accessible to everyday people.

You don't need a ton of detailed knowledge about the financial and investment sectors to make impressive returns. The authors walk you through how to use techniques like automation, diversification and indexing to manage your risk and keep things absurdly simple. You'll also learn:

* The most common mistakes that new investors make when they're just getting started in the markets and how to avoid them
* Strategies for getting the ball rolling and investing your first dollar
* Valuable insights from behavioral economics and psychology to help you steer clear of major investing errors that even experienced and knowledgeable investors tend to make

Perfect for working professionals, members of young and growing families, and people beginning to think about their retirement plans, The Little Book of Robo Investing is a straightforward, engaging, and fun read that will get you ready to put your money to work intelligently and responsibly.

Autoren/Hrsg.

MacBride, Elizabeth

Liu, Qian

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines

Inhaltsverzeichnis

Foreword xi

Acknowledgments xix

Introduction xxi

Section One The Science, Business, and Art of Robo Investing 1

Chapter One Make Investing Work for You 3

Chapter Two A Brief History of Indexing and Robo Investing 25

Chapter Three The Philosophy of Robo Investment Advice: Avoid the Gimmicks, Embrace the Science 45

Section Two What the Platforms Do 63

Chapter Four Diversify and De-risk Investments 65

Chapter Five Increase Your Return over Time with Lower Fees 81

Chapter Six Lower Tax Bills 97

Chapter Seven Technology Brings It Home 117

Section Three How to Use a Robo Platform 129

Chapter Eight Be Self- Aware about Money 131

Chapter Nine Investing Is Dating for the Long Term 143

Chapter Ten Budgeting and Wealth Building 155

Chapter Eleven Understand Risk and Pick the Right Risk Tolerance 169

Chapter Twelve Live for the Present, Invest for the Future 185

Section Four Where You Begin 199

Chapter Thirteen Is a Robo Investment Platform Right for You? 201

Chapter Fourteen Find the Right Platform 215

Chapter Fifteen Now I've Finished the Book and So What? 235

References 249

About the Authors 257

Über Autor(innen)

Elizabeth MacBride is a journalist and an internationally known finance writer who crafted the language that launched the robo investment movement. She has written or edited for Newsweek, MIT Tech Review, Forbes magazine, Atlantic.com, Stanford GSB, CNBC and many others. She is the co-author, previously, of The New Builders: Face to Face With The True Future of Business.

Qian Liu is the Chief Data Officer at Guideline, an online investment platform that manages small business 401(k) plans. Prior to this position, Qian was the Head of Data at GoFundMe. Qian was also previously the Director of Research at Wealthfront where she led the research and development of automated investment products.