A Random Walk Down Wall Street

Great guide for novice investors/peeps who don’t know what to do with their slight and tiny nest egg. One thing that stands out is the idea that an IRA is good b/c all interest, capital gains earned with it is tax deductible until you take the money out of the IRA (at which time you might be in a lower tax bracket).
Solid stuff, easily understood advice (buy stocks you want to hold onto for awhile b/c the transaction cost of buying and selling can cut into your bottom line).


auth=Malkiel, Burton
pub=1999