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Certain books and other sources (see the tab  Information sources - books) are referred to more than once on our site. To shorten the text, we refer to these books by reference to the author (for example, Ascah, Allentuck, Betty, Bogleheads, Cadsby, Campbell, Catalano, Cunningham, De Goey, Ellis, Ferri, Mackenzie and Swensen ). The page numbers correspond to the pages of the book edition listed in the tab Information sources - books .

Consult the tab Information- Definitions for the meaning given to various words. For example: an ETF is an exchange-traded fund, and is presumed to be an index fund (invested in a broad market according to a recognized index) unless the contrary is indicated; and a fund includes both an ETF and a traditional mutual fund, and in each case whether indexed or not.

The main investment information on the site is infrequently updated. See the most recent commentaries on current events on the home page; older commentaries may be found  by clicking on Archives. Warning: the main information on the site may not reflect more recent comments on current events.

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Commas are used to separate 000s (example: 1, 000,000 to indicate “one million”).

Dates are given as day month year.

The masculine gender includes the feminine.
Last Updated ( Sunday, 14 March 2010 )
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There is a crucial difference about playing the game of investing compared  to virtually any other activity. Most of us have no chance of being as good as the average in any pursuit where others practice and hone skills for many, many  hours. But we can be as good as the average investor in the stock market with no practice at all. Jeremy Siegel