I would like to add to Russ's book list these two, which I have just read and enjoyed:The Intelligent Asset Allocator by Wm BernsteinA Random Walk Guide to Investing by B. MalkielBoth authors suggest that you don't need an advisor. (Perhaps both of these books are rewrites of the one's Russ listed by them, but just in case . . . .)One of these two authors recommended the Tweedy Brown fund packet in which there is an excellent booklet on characteristics of successful investing (can't remember its name), but Tweedy Brown asks that you consider their option before you put everything into index funds, i.e., they use a method to beat indexes over a long period. It's interesting reading.I liked the analogy Bernstein used about outstanding advisors who can "call the market." Have a hundred people flip a coin. Heads stay in the game; tails leave. On average half will flip heads. So the 50 left flip. On average, 25 stay in the game. And so on. So the few left in the game are said to be "good" at coin flipping, but statistically, they are just the lucky, inevitable few left.Betty
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