Overview
"Kindness, integrity, and common sense can be scarce on Wall Street, but the Bogleheads have each in abundance. Reading The Bogleheads' Guide to Investing is like learning investing from your grandfather. There's a lifetime of wisdom packed into these pages, coupled with a sincere desire to help investors meet their goals. Jack Bogle will be proud!"
—Don Phillips, Managing Director, Morningstar
"The Vanguard Diehards—a.k.a the 'Bogleheads'—are easily the planet's most well-informed, congenial, and successful group of individual investors. At long last, they're letting the general public in on their solutions, their secrets, and their strategies. If you're about to retire, are planning to retire, or are even thinking of retiring, you can't afford not to read this book."
—William J. Bernstein, cofounder, Efficient Frontier Advisors author of The Intelligent Asset Allocator and The Four Pillars of Investing
"More than thirty years ago, John Bogle started a war in the mutual fund industry. His weapon was low fees, and his shield was common sense. In this book, three ardent followers sagely outline Bogle's approach that has benefited millions and will benefit millions more."
—Richard Ferri, CFA, President, Portfolio Solutions, LLC author of All About Asset Allocation and All About Index Funds
"Those investors who have the courage, discipline, and wisdom to follow the sound financial and investment strategies of The Bogleheads' Guide to Investing are virtually certain to achieve results superior to not only the vast majority of individual investors, but the vast majority of professionals as well. What is perhaps more important is that the quality of their lives will be improved because they will have more time to spend on the really important things in their lives."
—Larry Swedroe, author of The Only Guide to a Winning Investment Strategy You'll Ever Need
Synopsis
Now, with The Bogleheads' Guide to Investing, you'll discover what it really means to be a Boglehead and learn how this approach can enable you to become a better investor and manager of your own financial resources. Assuming no extensive knowledge of finance on your part, Boglehead forum leaders Taylor Larimore, Mel Lindauer, and Michael LeBoeuf show you how to invest with simplicity and minimize the costs and taxes that quietly eat away at returns. Along the way, they'll also show you how to join the legions of Boglehead investors currently online—so you can post your own questions or help others solve their particular investment problems.
Other important topics covered throughout this book include:
- What types of investments you should use to get on solid financial ground
- How you can protect your investments against the ravages of inflation
- Steps to building a simple but effective investment portfolio and how to determine when to rebalance your portfolio
- How to live a comfortable retirement without running out of money
- How to efficiently pass on assets to your heirs
- How to keep your investing style simple, giving you more time to live life to the fullest
- And much more
With over a century of combined investment experience among them, authors Larimore, Lindauer, and LeBoeuf have seen a variety of different approaches to the market, but none more effective than the low-cost, tax-efficient philosophy of Jack Bogle. If you're looking for better long-term returns for your investment dollars, The Bogleheads' Guide to Investing can showyou the way.