My favorite book on index funds
I have been doing a self-study on investing topics this year and previously read several books on indexing by Jack Bogle [my hero, and an erudite writer], and Morningstar's Christine Benz [Clear and concise], but I think this is my favorite. Ferri is laser sharp in explaining investing concepts, and reads like you are learning one-on-one from an excellent business school professor. I bought this book because I had already read his also excellent book on asset allocation. This would be a perfect book if it was better edited. The text and content is fine but there are typos, repeated words, etc. Ferri's work deserves better, but I still very highly recommend the book.

Ferri's guide to indexing really helpful
I have taken advantage of the latest market volatility to confirm my long-term financial strategy. I ordered several books from Amazon on asset allocation and using low-cost index funds or ETFs for investment.

Rick Ferri's books (I also ordered his new ETF book) are well-researched, complete guides to sensible, long-term investing. He avoids the fads, and provides information in clear, understandable terms without all of the emotional "hype" present in many books about the capital markets.

In my opinion, Mr. Ferri's prior books (and the articles he has published in journals for financial professionals) have made me a better investor.

I highly recommend All About Index Funds.

Good solid book on Index Funds and EFT's
This book does a good job of explaning the concept and history of index funds as well as the emerging presence of EFT's

I liked John Bogle's 1994 book on mutual funds better, but his book touched on facets Mr. Bogle's book did not. Of course that book was copyright 1994 IIRC.

I learned about indexing and the various indicies they emulate as well as the advantages and pitfalls of EFT's

A worth while read.

Members of AAII [...] have access to the 2007 EFT review which is excellent at analyzing the catagories and expenses of the various EFT's.

Noob
I'm a total noob to the market and investing but this book explained so much. I think its a must read for anyone looking into investing for their future and have no idea where to start.

Discover how to master index and ETF investing.
I value Richard Ferri's books and this one is no exception. While the writing is easy to grasp, it is most complete. The book covers just about everything you need to know to master investing in index funds or ETFs.

Although the book is not about allocation (Ferri has a great book on that subject), it does discuss it. He shows how to actually cut risk by using a more aggressive approach.

I found the history of index funds most interesting. But I also appreciated the discussion of tax advantage in indexing, the different benchmarks, bonds and commodities.

This book can make you money if you read it, study it and apply it to your own investing. The more you know about and understand index funds and their close kin, ETFs, the better able you will be to profit by using them.

Highly recommended.