Enrich Your Future: The Keys to Successful Investing

by Larry E. Swedroe

Create a winning portfolio by understanding the realities of modern investing

In Enrich Your The Keys to Successful Investing, prolific author and investor Larry Swedroe shines light on the foundation of modern investing, enabling readers to create winning portfolios through simple yet effective strategies. Through a combination of analogies, personal anecdotes, and empirical evidence from peer reviewed journals, the book clearly explains how to play the winner’s game, instead of simply following the crowd, speculating, and making brokers and fund families wealthy in the process.

The book begins by first explaining how to put your portfolio on the right path, then how to keep a steady course during market uncertainty, when many investors fall victim to human nature, lose perspective, and make incorrect investment decisions based on fear and greed.

In this book, readers will

How prices of securities are established and why it's so difficult to outperform on a risk-adjusted basis How to navigate various key decision points when designing your portfolio How to develop a conceptually sound investment strategy and reach your financial goals faster How playing the winner’s game in investing will improve the quality of your life as well. Revealing the true nature of the modern financial market and changing the way readers approach investing in general, Enrich Your The Keys to Successful Investing is an essential guide for individual investors and financial advisors seeking to make more informed and prudent investment decisions.

270 pages, Kindle Edition

Published February 21, 2024

Reviews

[Ken · Rating 5 out of 5]

Larry Swedroe offers good, practical investing in this and his other books. This book doesn't break any "new ground", but still deserves five stars because it reinforces time-tested and true underlying principles focusing on passive investing in low-cost mutual funds for the long-term, using bonds in your portfolio to reduce risk while also investing in stocks, and encouraging you to figure out what asset allocation will help you sleep at night. It was reassuring to find that he has used newer research in several areas to further support his arguments (compared to the earlier studies that were available when he had written his earlier books), and that his recommendations haven't changed over time. The chapters are short, easy to read, and have a summary at the end. I think this book is good not only as a 'big picture' book for those newer to investing or are trying to decide between active and passive investing, but also as a refresher for more experienced investors about why passive index investing remains your best bet (and why the ability for active fund managers to generate alpha and outperform the markets may actually be decreasing over time), and to encourage you to stay the course for the long run.

[Jack Anderson · Rating 5 out of 5]

The truth in investing is passive.

I have been following the advise in Larry’s books for several years with financial success. Failures only when I took exception to his passive advise.
Particularly enjoying this current book as his anecdotal style has finally got my daughters to read and understand his wisdom.
After me, they will have the responsibility of having a financially secure future.
Larry is truly a man to be admired. Which we had met when both at NYU.

[John Crippen · Rating 3 out of 5]

I enjoyed Swedroe's recent interview on the Bogleheads podcast, and the book was even better. Nothing ground-breaking here, just a common sense reinforcement of the arguments against picking stocks and market timing. Lots of good advice, in an avuncular voice.

[Irwin Winaris · Rating 4 out of 5]

Could've been half as long and still get the message across: efficient markets, indexes, and investor overconfidence. Still a great read.

[augustus cullen · Rating 5 out of 5]

A wise book about personal finance and life

I enjoyed this book . It is full of entertaining readily understandable advice and examples of what to avoid in personal investment.