In the current highly volatile stock market, braving it requires more than just nerves. In this unsettling era of financial instability, what can an ordinary investor do?
The solution lies in heeding Burton G. Malkiel’s counsel, as detailed in his comforting, authoritative, gimmick-free, and enduringly popular investment guide. Recognized for years as the primary book to read before venturing into portfolio management or starting a 401(k), “A Random Walk Down Wall Street” now incorporates updated content covering “tax-loss harvesting,” a pivotal aspect of tax management, insights into the ongoing bitcoin surge, and the rise of automated investment advisors. Additionally, it introduces a fresh section on factor investing and risk parity. Retaining Malkiel’s fundamental wisdom concerning stocks, bonds, real estate investment trusts, homeownership, and tangible assets like gold and collectibles, this updated edition includes the timeless life-cycle guidance on investing found in the book. It serves as a reassuring companion, instilling confidence and a composed approach for those seeking a steady path through today’s financial markets.
