MONEY Master the Game: 7 Simple Steps to Financial Freedom (96 page)

on active vs. passive management,
100
,
165
,
533
–34

on annuities,
168

on asset allocation,
482
,
483
–84

author’s interview with,
47
,
85
,
321
,
411
–12,
476
–84

on bonds,
336

on dollar-cost averaging,
355

on ETFs,
322

on fees,
107
,
110
,
274

and index funds,
97
,
320
,
419
–20,
473
,
487

on international portfolios,
328

on mutual funds,
102
,
116
,
118
,
144
,
157
,
533
–34

and Vanguard,
10
,
95
,
97
,
144
,
328
,
411

Bohr, Niels,
352

Bolt, Usain,
95

bonds,
315
–20

corporate,
318
–19

cumulative losses in,
383

and deflation,
386

emerging-market,
527

foreign government,
317
,
319

guaranteed rate of return in,
306

high-yield (junk),
318
,
323

index funds,
305
,
319
,
320

and interest rates,
158
,
304
,
315

investing your age in,
336

municipal,
319
–20

mutual funds,
158

price fluctuations in,
305

rating system for,
318

and safety,
158

in Security/Peace of Mind Bucket,
303
–5,
306
,
315
–20

and stocks,
158
,
160
,
329
–30

T-bills,
316

T-bonds,
316

TIPS,
316
–17

T-notes,
316

US Treasuries,
305
,
316
–18,
328
–29,
400
,
473
,
474

Bono,
596

Branson, Richard,
172
,
173
,
190
,
208
,
530

break-even point,
401

breakthroughs,
184
–85

compounding,
192
–93

creating,
186
–99

in story,
188
–95

in strategy,
187
–88,
199

in your state,
196
–99

Bridgewater Associates,
21
,
99
,
374
–75,
397
,
496
–97

Brin, Sergey,
377

brokers,
86
–87,
112
,
121
–37

discount brokerages,
530

Enron promoted by,
133
–34

and fiduciaries,
126
–28,
137
,
180

sales charge (load) paid to,
115

suitability standard,
125
–26

Brookner, Anita,
314

Brown, Jeffrey,
90
–91,
135
,
152
–53,
162
,
163
,
407
,
417
–18,
424

Buffett, Warren,
10
,
34
,
102
,
459
,
485

author’s interview with,
454
,
485
–87

on bonds,
158

buying great companies,
486
,
491
,
492
,
536

and Coca-Cola,
460

and compounding,
49

and dollar-cost averaging,
358

and Giving Pledge,
392
,
512
,
595

on index funds,
92
,
95
,
487

on investing in oneself,
262

on market fluctuations,
351

on risk,
89

rules of investing,
173
,
300
,
373

and
Today,
270
,
485

Business Mastery,
241
–42

business owners:

and automatic savings,
65
,
69

cash-balance plans,
155

and
401
(k)s,
146
–48,
152
,
153
,
181

Butcher vs. the Dietitian, The
(YouTube),
127
–28,
180

California, taxes in,
288
–89

Callahan, Patrick,
499

Callanan, David,
431

call and put options,
325

Campbell, Joseph,
48

Canada, strong banks in,
177
,
310

Carnegie, Andrew,
19
,
447
,
594
–95

Carnegie, Dale,
262

car ownership,
252
–53

Caruso, Bob,
598

cash-back websites,
255
–56

cash-balance (CB) plans,
155
,
156

cash/cash equivalents,
302
–3

holding too much in,
306

tax-free growth of,
442
–43

cash drag,
115

Castro, Julian,
485

causation vs. correlation,
384

CDs:

market-linked,
178
–79,
305
,
306

in Security/Peace of Mind Bucket,
305
,
306

certainty/comfort,
75
,
206

Chambers, John T.,
530

Chantal (Rwandan orphan),
592
–93

child slavery,
600

China, death by a thousand cuts in,
109

Churchill, Winston,
188
,
244
,
457
,
588

clarity, as power,
611

Clason, George Samuel,
69

Clinton, Bill,
553

Cloonan, James,
87

clothing, breathable,
567

cloud computing,
xxvii

Club of Rome,
556

Coca-Cola,
460
,
566

Coelho, Paulo,
225

cognitive illusions,
38
–39

cognitive limitations,
41

cognitive understanding,
42

collectibles,
324

commodities,
324

community service,
342
–43

complexity,
41
,
206

compounding,
35
–36,
49
–52,
58
,
256
,
364

fees,
106
–9,
479

financial breakthrough of,
192
–93

rule of
72
in,
283