Outpacing the Pros Using Indexes to Beat Wall Street's Savviest Money Managers

Investors are waking up to Wall Street's biggest secret: the majority of actively managed mutual funds will regularly underperform the S&P 500 index. Index investments are a new class of easy-to-use investment tools -- WEBs, SPDRs, and others -- that trade like shares of stock, even as they reflect the market indexes they track and the fund-topping performance those indexes provide.Outpacing the Pros provides today's independent investor with a detailed introduction to stock indexes as a key element in either short- or long-term investing strategies. This complete guide to stock indexes looks inside today's most little-known, exciting investment, with: * What index investments are and how they work* How to use indexes to safely, effectively diversify and portfolio* Four sample portfolios using indexes