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Jun
15
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Burton Malkiel is the author of the classic investing book, A Random walk down wallstreet, his latest book is Elements of investing.
The following is an index of some of Burton Malkiel Investing ideas and investing tips.
- Burton Malkiel Number one Investing Idea is simple – It all starts with saving. The earlier you do it the better.”
- Burton Malkiel Advise on Buying a Bigger Home – It is not worth it. Buying a bigger homes means spending more money to service the mortgage and less money left for saving and investing.
- Burton Malkiel Advise on managing risk – To make money you need to take some degree of risk and the way to reduce risk is by being very well diversified.The best way to go about this is to buy index funds.
- Buy and Hold – just like many other investment advisors who started their careers in 1970s, Burton swears by the mantra of buy and hold – over the long haul the stock market will do what it’s always done: namely be in a long-term up trend.
- Take advantage of tax efficient retirement funds.
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