THE INTELLIGENT PORTFOLIO: Practical Wisdom on Personal Investing from Financial Engines -- Contents -- Foreword -- Preface -- Acknowledgments -- Introduction to Financial Engines -- Chapter 1: Now It's Personal -- A CHANGING WORLD -- THE GRAND SOCIAL EXPERIMENT: 401(k) -- THE KNOWLEDGE GAP -- THE TRADITIONAL ADVICE MODEL -- INSTITUTIONAL TOOLS OF THE TRADE -- TAKE-AWAYS -- Chapter 2: No Free Lunch -- I'LL TAKE THE ONE WITH THE HIGHEST RETURN. -- A LITTLE BIT OF LATIN: EX-ANTE AND EX-POST -- HOW ARE THE PRICES OF RISKY ASSETS SET? -- THE LINK BETWEEN RISK AND RETURN -- WHEN HIGH RISK DOES NOT MEAN HIGH RETURN -- HIDDEN RISKS AND THE PESO PROBLEM -- HOW MUCH RISK AM I TAKING? -- RISKS AND RETURNS OF DIFFERENT ASSETS -- DOES IT PASS THE BLUSH TEST? -- TAKE-AWAYS -- Chapter 3: History Is Bunk -- HISTORY AND EXPECTED RETURNS -- THE PAST IS NOT THE FUTURE -- HISTORY IS SOMETIMES NOT WHAT IT SEEMS -- INVESTING WITH PERFECT HINDSIGHT -- THE LUCKY AND THE SKILLFUL -- EVALUATING FUND PERFORMANCE -- TAKE-AWAYS -- Chapter 4: The Wisdom of the Market -- THE EFFICIENT MARKET? -- WHAT IS THE MARKET PORTFOLIO? -- WHAT DOES THE MARKET PORTFOLIO LOOK LIKE? -- THERE'S NO PLACE LIKE HOME -- HISTORY OF THE MARKET PORTFOLIO -- BETTING AGAINST THE MARKET -- AVOIDING UNINTENTIONAL BETS -- RISK AND THE MARKET PORTFOLIO -- THE MARKET'S VIEW OF FUTURE RETURNS -- WHAT IS PORTFOLIO OPTIMIZATION? -- MARKET PORTFOLIO SIMULATIONS -- FINAL THOUGHTS -- TAKE-AWAYS -- Chapter 5: Getting the Risk Right -- HOW TO MEASURE RISK -- ASSET MIX AND SHORT-TERM LOSS -- RISK AND PORTFOLIO OUTCOMES -- RISK AND TIME HORIZON -- FACTORS TO CONSIDER IN SELECTING A RISK LEVEL -- EXAMPLES OF INFORMED INVESTOR BEHAVIOR -- TAKE-AWAYS -- Chapter 6: An Unnecessary Gamble -- A DIFFERENT SORT OF BEAST -- THE RISK OF INDIVIDUAL STOCKS -- THE IMPLICATIONS OF INDIVIDUAL STOCK RISK -- EXPECTED GROWTH RATES.

THE BIGGEST MISTAKE IN RETIREMENT INVESTING -- WHAT ABOUT MORE THAN ONE? -- DO YOU FEEL LUCKY? -- HOW TO INVEST IN STOCKS SAFELY -- HIDDEN COSTS -- DEALING WITH UNWANTED STOCK RISK -- TAKE-AWAYS -- Chapter 7: How Fees Eat Your Lunch -- IT'S BASIC ARITHMETIC -- BIG BUSINESS -- FOR EVERY WINNER THERE HAS TO BE A LOSER -- IT STILL ADDS UP TO DOLLARS -- A WIDE, WIDE WORLD -- HOW FEES EAT YOUR LUNCH -- IT'S A HEAVY LOAD TO BEAR -- FEES AND THE BIGGER PICTURE -- PRACTICAL CONSIDERATIONS -- TAKE-AWAYS -- Chapter 8: Smart Diversification -- THE GOALS OF DIVERSIFICATION -- THE BIG PICTURE -- WHY HIERARCHY IS BAD FOR PORTFOLIOS -- THE VALUE OF ASSET CLASS DIVERSIFICATION -- DIVERSIFICATION AIN'T WHAT IT USED TO BE -- DIVERSIFICATION AND INVESTMENT CHOICES -- THE BIG PICTURE: PART II -- THE SEARCH FOR BETTER DIVERSIFICATION -- TAKE-AWAYS -- Chapter 9: Picking the Good Ones -- THE STUFF THAT MATTERS -- IT'S ABOUT THE FUTURE -- RISK TOLERANCE AND FUND CHOICE -- INVESTMENT STYLE -- FUND EXPENSES -- PREDICTING MUTUAL FUND PERFORMANCE -- RATING FUNDS -- PUTTING THE PIECES TOGETHER -- WHAT IT TAKES TO RANK AMONG THE BEST -- TAKE-AWAYS -- Chapter 10: Funding the Future -- THE BENEFITS OF BEING FLEXIBLE -- TAXABLE AND TAX-DEFERRED SAVINGS -- HOW MUCH DO YOU NEED? -- FROM WEALTH TO INCOME -- THE MYTH OF ABSOLUTES -- RISK, TIME, AND SAVINGS -- WHAT IT TAKES TO GET THERE -- TAKE-AWAYS -- Chapter 11: Investing and Uncle Sam -- WHY YOU DON'T WANT TO MINIMIZE TAXES -- HOW TAXES IMPACT INVESTMENT RETURNS -- THE IMPACT OF PERSONAL TAX RATES -- TAX EFFICIENCY OF ASSET CLASSES -- ASSET PLACEMENT -- MUTUAL FUND TAX EFFICIENCY -- MUNICIPAL BONDS -- CAPITAL GAINS AND LOSSES -- PUTTING IT ALL TOGETHER -- TAKE-AWAYS -- Chapter 12: Wrapping it Up -- CHAPTER 1: NOW IT'S PERSONAL -- CHAPTER 2: NO FREE LUNCH -- CHAPTER 3: HISTORY IS BUNK -- CHAPTER 4: THE WISDOM OF THE MARKET.

CHAPTER 5: GETTING THE RISK RIGHT -- CHAPTER 6: AN UNNECESSARY GAMBLE -- CHAPTER 7: HOW FEES EAT YOUR LUNCH -- CHAPTER 8: SMART DIVERSIFICATION -- CHAPTER 9: PICKING THE GOOD ONES -- CHAPTER 10: FUNDING THE FUTURE -- CHAPTER 11: INVESTING AND UNCLE SAM -- Appendix: The Personal Online Advisor -- Notes -- Glossary -- About the Author -- Index.