This 2013 revised edition of Index Funds: The 12-Step Recovery Program for Active Investors provides new data, updated charts and additional information on index funds investing. This book reveals the potential land mines and pitfalls of active investing and educates readers on the benefits of passive investing with index funds. Hebner's book details the possible perils associated with stock picking, mutual fund manager picking, market timing, and other wealth depleting behaviors. This 12-Step Program teaches the differences between active and passive investing, explains the emotional triggers that impact investment decisions, and offers an enlightening education on science-based investing that may forever change the way an investor perceives the stock market. Hebner sets forth a sound strategy that involves risk-appropriate investing that may empower investors to lead a more profitable and relaxed life.
Mark T. Hebner is the founder and president of Index Funds Advisors, Inc., (IFA), author of Index Funds: The 12-Step Recovery Program for Active Investors, and creator of ifa.com, ifa401k.com, and ifasustainable.com. His current and previous Index Funds books received praise from financial industry and academic luminaries, including John Bogle, David Booth, Burton Malkiel, and Nobel Laureates Harry Markowitz and Paul Samuelson. Hebner is considered a leading authority and provider of investment education. His mission is to change the way the world invests by replacing speculation with education. He accomplishes this through regular webcasts on IFA.tv, articles, and blogs. Hebner is especially knowledgeable about the research indexes designed by renowned financial economists that provide the building blocks to the passive indexing investment strategy that Hebner recommends. IFA is registered with the U.S. Securities and Exchange Commission as a fee-only independent financial advisor. Located in Irvine, California, IFA has more than $1.83 billion of assets under management, about 1,800 clients, and 40 employees located throughout the country as of March 31, 2013.
"It is really beautiful and really well done. I plan to use it as a reference guide."
"This book is WONDERFUL!"
as the book documents so well, a foolish attempt to beat the market and get rich quickly will make ones broker rich and oneself much less so."
"Hebner gives us good advice presented in a very appealing manner. Index Funds remains one of the most valuable investment guides available."