Be the first to ask a question about The Bogleheads' Guide to Investing. Analytical tools (e.g., bond duration) are explained conceptually and without the use of formulas. It's a good book, however it's not fully universal, i.e. Analytical tools (e.g., bond duration) are explained conceptually and without the use of formulas. A must-read!" : financial "advisors") I realized I had to learn about this topic. This book pulled back the curtain on the financial advisor business plan and outlined how regular people can take control of their own finances very easily. “The shortest route to top quartile performance is to be in the bottom quartile of expenses. A fantastic overview of an investment strategy that makes the case for mostly buying index funds/mutual funds/ETFs and holding onto them. There are suggested portfolios for both young and middle aged investors, and for both early and late retirees. Next is an overview of insurance: life, health, disability, property and auto, and long term care: how much do I need, and for how long do I need it? "Index funds outperform approximately 80 percent of all actively managed funds over long periods of time. Bogleheads' Guide To Investing is an easy to read, comprehensive guide to investing. and They generally, though not exclusively, avoid financial planners and prefer DIY investing. The Boglehead's Guide to Investing may be a DIY guide that espouses the sage investment knowledge of David C. Bogle. This book is a great reference for both investment strategy and general financial planning, including saving for college, withdrawing during retirement, and end-of-life planning. Appendices: There are several appendices with a glossary, recommended books and websites, and a Vanguard Risk-Assessment/Asset Allocation questionnaire and charts. This was really good book. Excellent book on investing! 6:02 PM Post a Comment. The authors then tackle the subject of what percentage of your portfolio should be stocks vs. bonds, what sort of bonds, how much international stock? Chapters 7-9 get to the heart of the bogleheads' philosophy: the advantages of low-cost, tax efficient index funds, the costs of active management both in fees and turnover, and hidden costs such as spread costs. Absolutely not: It virtually guarantees you superior performance.” ― quote from The Bogleheads' Guide to Investing “Warren Buffett, chairman of Berkshire Hathaway and investor of legendary repute: "Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees. The Bogleheads’ Guide to Investing. The inspiration for the book comes from this Bogleheads threadthat began in 2012 by the book’s author, Taylor Larimore. This page was last edited on 14 June 2019, at 20:46. I’ve considered myself a Boglehead since 2008, when I stumbled upon. The Bogleheads' Guide to Investing is a slightly irreverent, straightforward guide to investing for everyone. The first edition of the novel was published in January 1st 2006, and was written by Taylor Larimore. And the reason is, these authors stand to gain nothing from it. This book contains simple, honest, and wise financial advice based on that philosophy. Bottomline, become a Boglehead and prosper! The irreverent guide to investing, Boglehead style. Reading this book will help everyone who is a beginner to intermediate. Welcome back. We’d love your help. Or you can flip to the relevant chapter discussing whatever topic you are most interested in. It does not go into a high level of detail on most subjects, but the information presented is well-chosen, supplemented with lots of charts and references to other books and information if you want to delve deeper into a subject. I highly recommend it. It's written in a number of short chapters in light-hearted, plain language. It's written in such a way that it's totally acces. The Bogleheads' Guide to Investing, Day 4: Know What You're Buying Part 2. Know What You're Buying Part I, Chapter 4. The main characters of this economics, finance story are , . It is suitable for investors of any experience level, and would be a good choice for a first investment book. This book isn't about getting rich quick or beating the market every year. This book isn't about getting rich quick or beating the market every year. It also contains helpful advice for creating more tax-efficient portfolios, diversifying your investments, and more. Bogleheads.org is an Amazon Associate and may earn from qualifying purchases made through Amazon.com. Chapter 11 covers 401(k), 403(b), and IRAs (Traditional, Roth and non-deductible). and They generall. The book offers sound, practical advice, no matter what your age or net worth. 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