Menos costes, más rentabilidad
Library · Investing
- Author: Unai Ansejo
- FinSimLab editorial rating: 3.5/5
- Reading difficulty: Easy
- Finance level: Beginner
- Topics: Investing, Finance
- Published: 2020
- Length: Short
FinSimLab's own rating, based on usefulness, clarity, rigour, how current it is and what it adds to your learning. It is not a reader review score.
An introduction to index investing written for investors based in Spain. Available in Spanish only.
What is it about?
Ansejo, co-founder of the Spanish robo-adviser Indexa Capital, explains active versus index management, how to choose an asset allocation and funds, the risks, investor biases and how to reduce taxes under Spanish rules. Bear in mind when reading it that the author runs a company that sells exactly this kind of management.
What does it give you?
- What separates index from active management and why costs matter.
- How to choose an asset allocation and index funds.
- How to reduce taxes when investing from Spain.
Is it for you?
People living in Spain who want to start with index funds from scratch and read Spanish.
Concepts it covers
Index investing, Fees, Asset allocation
What does it not give you?
- A neutral view of robo-advisers: the author co-founded one.
- Company analysis or investing beyond indexing.
How does it explain it?
Accessible and practical, built around Spanish tax rules and products. (Practical)
What does it add?
The only book in the Library that grounds index investing in Spanish tax rules and products.
Already read something similar?
- It shares the case for indexing and low costs with The Little Book of Common Sense Investing. If you have read The Little Book of Common Sense Investing, this one mainly adds how to apply it from Spain: tax rules, fund transfers and available products. The Little Book of Common Sense Investing
Related Academy guides
- ETF vs Index Fund: What's the Difference and Which Should You Buy?
- What is an ETF and how to invest in one
- How investments are taxed in Spain
- How to build an investment portfolio from scratch
Calculators to put it into practice
More investing books
- The Little Book of Common Sense Investing
- The Intelligent Investor
- A Random Walk Down Wall Street
- The Most Important Thing
- Just Keep Buying
- Common Stocks and Uncommon Profits
Descriptions written by FinSimLab for educational purposes. They do not summarise the books and are not investment advice.