Title: A Wonderful College Graduation Gift
Product review: While this book is geared to novice investors, even experienced investors (successful or not) and their portfolios can benefit by reading it.The bottom line is Malkiel is a steadfast believer in index funds; not just equity, but also bond and real estate (reit index funds).Like Malkiel, I am a fan (and investor) of Vanguard's Total Market Fund. After reading this book, I will be stepping up what has been to date a gradual shifting of my investments from individual equities and a couple equity funds to VTSMX.This book is well written and very readable.I beleive that this book would make a great college graduation gift. One of the keys to having a "respectful" nest egg is to start investing early! In plain English, Malkiel demonstates the benefits of investing early and consistently.I would not hesitate to recommend this book.
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