Chapter Thirteen
Bond Funds and
Money Market Funds
-
Where Those Relentless Rules
Are Even More Powerful
SO FAR, MY DISCUSSION of the index fund (and its hand-
maiden, low investment costs) has related to the stock
market and to equity mutual funds.

Chapter Thirteen Bond Funds and Money Market Funds - Where Those Relentless Rules Are Even More Powerful SO FAR, MY DISCUSSION of the index fund (and its hand- maiden, low investment costs) has related to the stock market and to equity mutual funds.

Bond Funds and Money Market Funds

To Paul A. Samuelson, professor of economics 
at Massachusetts Institute of Technology, 
Nobel Laureate, investment sage.
In 1948 when I was a student at Princeton 
University, his classic textbook introduced me 
to economics. In 1974, his writings reignited my 
interest in market indexing as an investment strategy.
In 1976, his Newsweek column applauded my cre-
ation of the world’s first index mutual fund. In
1993, he wrote the foreword to my first book, and
in 1999 he provided a powerful endorsement for my
second. Now in his ninety-second year, he remains
my mentor, my inspiratio

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Books

To Paul A. Samuelson, professor of economics at Massachusetts Institute of Technology, Nobel Laureate, investment sage. In 1948 when I was a student at Princeton University, his classic textbook introduced me to economics. In 1974, his writings reignited my interest in market indexing as an investment strategy. In 1976, his Newsweek column applauded my cre- ation of the world’s first index mutual fund. In 1993, he wrote the foreword to my first book, and in 1999 he provided a powerful endorsement for my second. Now in his ninety-second year, he remains my mentor, my inspiratio

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Bond Funds and Money Market Funds

Bond Funds and Money Market Funds