Freshly Printed - allow 7 days lead
Couldn't load pickup availability
The Little Book of Robo Investing
How to Make Money While You Sleep
“Here's the key to success in investing and in life: don't overthink! This message is front and center in Elizabeth and Qian's delightful book on robo investing. It’s a must read for anyone who is not a professional investor (meaning pretty much anyone). Stop wasting your time on complicated investment strategies that are unlikely to work. There's an easier way, as this wonderful and easy to read book clearly demonstrates." “The Little Book of Robo Investing is a call to action for a new era of informed and empowered investors. It expertly and entertainingly demystifies robo investing, through use of real-world examples and relatable problem solving. Liu and MacBride equip readers with the knowledge and tools to embrace the future of finance with confidence." “Robo advisors drastically simplified today's complex investing world. They brought about a number of advantages to individual investors via websites and mobile apps, including low account minimums and fees, broad diversification, tax efficiency, personalization and convenience. Expertly explained by the authors in this lucid book, robo advisors make successful investing easy for just about everyone.” “I've worked with countless young soldiers tasked with managing military careers, travel, and supporting their families who could benefit from the straightforward, easy-to-understand approach in this book. The online nature of the service means it will grow with you.”
—Seth Levine, managing partner, Foundry Group
“This book debunks many myths about investing and offers practical advice on how to use robo-investing to build wealth and beat inflation. The authors do a great job explaining how these online investment platforms work, the diversification strategies they use when modeling portfolios, and how they help investors mitigate risk. It’s a must read for individual investors who want to take control of their financial destiny."
—Lori Ioannou, contributor, The Wall Street Journal, former senior editor of CNBC.com and former executive editor at Time Inc.
—Zara Stone, award-winning tech and business journalist, and author of Killer Looks: The Forgotten History of Plastic Surgery in Prisons, and The Future of Science is Female: The Brilliant Minds Shaping the 21st Century
—Jeff Rosenberger, COO of Guideline, and former executive at Wealthfront
—Jason Cano, Lt Col, U.S. Space Force
“I encourage everyone to look at the wisdom and enduring lessons of this remarkably well-sourced historical and rational work. The Little Book is the perfect bedside guidebook for those who want to hear the secrets of investing from those with access to the best advice on offer. A wonderful read. Thank you Elizabeth and Qian for all you do to elevate investing as an important life skill and for making it accessible to everyone regardless of financial means, status or background.”
—Pia Sawhney, Partner, Armory Square Ventures
“Before the advent of robo advisors, only the wealthy could afford sophisticated financial advice provided by traditional human financial advisors. Similar to many other traditional industries disrupted by technology, robo advisors automated sophisticated financial advice, made it accessible to regular investors at a low cost and leveled the playing field. The authors skillfully explained the movement of robo advisors and how American individuals and families without a ton of knowledge in finance and investing can easily use robo advisors to build financial security over time.”
—Nick Shalek, General Partner of Ribbit Capital
Elizabeth MacBride (Author), Qian Liu (Author)
9781394225224, Wiley
Hardback, published 12 March 2024
288 pages
17.5 x 13 x 2.5 cm, 0.295 kg
"This gem of a book should be required reading for everyone seeking to enhance their financial security." 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: 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.
–Burton G. Malkiel, author of A Random Walk Down Wall Street (50th anniversary edition, 2023)
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
Subject Areas: Finance & accounting [KF]
