,Table of Contents
Cover
Table of Contents
Title Page
Copyright
Dedication
Foreword
Acknowledgments
Introduction
Our Qualifications
How the Book Works
Section One: The Science, Business, and Art of Robo Investing
Chapter One: Make Investing Work for You
Knowing How to Use a Robo Platform Is a Superpower
What Is Investing Today?
What Is an Index Fund?
The Key Concept of Asset Classes
You Can Use Index Funds to Invest in Many Different Kinds
of Asset Classes
So Here Is Our Practical Definition of Robo Investing
Stock-Picking Is Boring and Painful When You're Not
Making Money
Shortcut to Robo Investing
Final Note
Key Takeaways in This Chapter
Notes
Chapter Two: A Brief History of Indexing and Robo Investing
Public Stock Trading
, The Index Revolution
What to Do about Conflicts of Interest?
Part Two of the Index Revolution
Robo Investment Platforms versus Online Brokerages
Key Takeaways in This Chapter
Notes
Chapter Three: The Philosophy of Robo Investment Advice:
Avoid the Gimmicks, Embrace the Science
The Long-Term Regimen
Giving Up the Illusion of Control Is Hard
The Robo Investment Platform Formula
Invest for the Long Term: Make Time Your Ally
Investing Is the Only Way to Beat Inflation
Sorry, Timing the Market Doesn't Work, Either
Relax and Do Less
Key Takeaways in This Chapter
Notes
Section Two: What the Platforms Do
Chapter Four: Diversify and De-risk Investments
Diversification in Action
How Scary Are Bear Markets?
Asset Allocation Takes Diversification to the Next Level
The Most Disciplined Rebalancers
Let the Rebalancing Happen—Don't Time the Market
The Problem with Timing the Market
Key Takeaways in This Chapter
Note
Chapter Five: Increase Your Return over Time with Lower Fees
How to Think about Fees
, Robo Platforms Are Low Cost
How Much of a Difference Does the Lower Fee Make?
The Other Big Fee: Fund Fees
Hidden Fees in Finance
Does Expensive Mean Better? No. Cheap Means Good in
Investing!
Cheap Means Good but Free Is Suspect
Key Takeaways in This Chapter
Chapter Six: Lower Tax Bills
Leaving Your Money in the Market Is a Good Tax Strategy
Tax-Deferred Accounts
Investing in General Is a Good Tax Strategy
Avoid the Temptation to Cash Out
Minimize Taxes as the Wealthy Do
How Tax-Loss Harvesting Works on Robo Platforms
How Robo Platforms Help You at Tax-Filing Time
We Know This Is Really Tedious
Key Takeaways in This Chapter
Notes
Chapter Seven: Technology Brings It Home
Features That Make Investing Easy
What the Wealthy Know
Key Takeaways in This Chapter
Section Three: How to Use a Robo Platform
Chapter Eight: Be Self-Aware about Money
Overspending When You're Young
Holding On to the House
Paying for College Instead of Your Retirement
Keeping a Job You Hate—Forever
Cover
Table of Contents
Title Page
Copyright
Dedication
Foreword
Acknowledgments
Introduction
Our Qualifications
How the Book Works
Section One: The Science, Business, and Art of Robo Investing
Chapter One: Make Investing Work for You
Knowing How to Use a Robo Platform Is a Superpower
What Is Investing Today?
What Is an Index Fund?
The Key Concept of Asset Classes
You Can Use Index Funds to Invest in Many Different Kinds
of Asset Classes
So Here Is Our Practical Definition of Robo Investing
Stock-Picking Is Boring and Painful When You're Not
Making Money
Shortcut to Robo Investing
Final Note
Key Takeaways in This Chapter
Notes
Chapter Two: A Brief History of Indexing and Robo Investing
Public Stock Trading
, The Index Revolution
What to Do about Conflicts of Interest?
Part Two of the Index Revolution
Robo Investment Platforms versus Online Brokerages
Key Takeaways in This Chapter
Notes
Chapter Three: The Philosophy of Robo Investment Advice:
Avoid the Gimmicks, Embrace the Science
The Long-Term Regimen
Giving Up the Illusion of Control Is Hard
The Robo Investment Platform Formula
Invest for the Long Term: Make Time Your Ally
Investing Is the Only Way to Beat Inflation
Sorry, Timing the Market Doesn't Work, Either
Relax and Do Less
Key Takeaways in This Chapter
Notes
Section Two: What the Platforms Do
Chapter Four: Diversify and De-risk Investments
Diversification in Action
How Scary Are Bear Markets?
Asset Allocation Takes Diversification to the Next Level
The Most Disciplined Rebalancers
Let the Rebalancing Happen—Don't Time the Market
The Problem with Timing the Market
Key Takeaways in This Chapter
Note
Chapter Five: Increase Your Return over Time with Lower Fees
How to Think about Fees
, Robo Platforms Are Low Cost
How Much of a Difference Does the Lower Fee Make?
The Other Big Fee: Fund Fees
Hidden Fees in Finance
Does Expensive Mean Better? No. Cheap Means Good in
Investing!
Cheap Means Good but Free Is Suspect
Key Takeaways in This Chapter
Chapter Six: Lower Tax Bills
Leaving Your Money in the Market Is a Good Tax Strategy
Tax-Deferred Accounts
Investing in General Is a Good Tax Strategy
Avoid the Temptation to Cash Out
Minimize Taxes as the Wealthy Do
How Tax-Loss Harvesting Works on Robo Platforms
How Robo Platforms Help You at Tax-Filing Time
We Know This Is Really Tedious
Key Takeaways in This Chapter
Notes
Chapter Seven: Technology Brings It Home
Features That Make Investing Easy
What the Wealthy Know
Key Takeaways in This Chapter
Section Three: How to Use a Robo Platform
Chapter Eight: Be Self-Aware about Money
Overspending When You're Young
Holding On to the House
Paying for College Instead of Your Retirement
Keeping a Job You Hate—Forever
