I read The Naked Investor: Why Almost Everybody But You Gets Rich on Your RRSP. It would make a good magazine article, but 288 pages? This guy is long-winded. However, the message is good: most mutual funds are a rip-off. The lesson I’m taking from it is stick with index funds and keep it simple: 1/3 bonds, 1/3 TSE, 1/3 S&P 500. I’ve been burned with stocks before, so I might even go with 1/2 my assets in a bond index fund. The book also turned me onto Barclay’s iUnits–index funds that are traded like stocks.