The Bogleheads' Guide to Investing - Mel Lindauer, Taylor Larimore, Michael Leboeuf & John C. Bogle

The Bogleheads' Guide to Investing

By Mel Lindauer, Taylor Larimore, Michael Leboeuf & John C. Bogle

  • Release Date: 2014-08-04
  • Genre: Personal Finance
Score: 4.5
4.5
From 69 Ratings

Description

The irreverent guide to investing, Boglehead style

The Boglehead's Guide to Investing is a DIY handbook that espouses the sage investment wisdom of John C. Bogle. This witty and wonderful book offers contrarian advice that provides the first step on the road to investment success, illustrating how relying on typical "common sense" promoted by Wall Street is destined to leave you poorer. This updated edition includes new information on backdoor Roth IRAs and ETFs as mainstream buy and hold investments, estate taxes and gifting, plus changes to the laws regarding Traditional and Roth IRAs, and 401k and 403b retirement plans. With warnings and principles both precisely accurate and grandly counterintuitive, the Boglehead authors show how beating the market is a zero-sum game.

Investing can be simple, but it's certainly not simplistic. Over the course of twenty years, the followers of John C. Bogle have evolved from a loose association of investors to a major force with the largest and most active non-commercial financial forum on the Internet. The Boglehead's Guide to Investing brings that communication to you with comprehensive guidance to the investment prowess on display at Bogleheads.org. You'll learn how to craft your own investment strategy using the Bogle-proven methods that have worked for thousands of investors, and how to:
Choose a sound financial lifestyle and diversify your portfolio Start early, invest regularly, and know what you're buying Preserve your buying power, keeping costs and taxes low Throw out the "good" advice promoted by Wall Street that leads to investment failure
Financial markets are essentially closed systems in which one's gain garners another's loss. Investors looking for a roadmap to successfully navigating these choppy waters long-term will find expert guidance, sound advice, and a little irreverent humor in The Boglehead's Guide to Investing.

Reviews

  • Good information about investing

    4
    By anthonyswainnn
    Some sections were not that pertinent being someone in my 20s, but I liked a lot of the information they discussed on investing strategies.
  • Outstanding.

    5
    By OakPines
    This book should be required reading for anyone considering investment in the stock market or in other financial vehicles like bonds or annuities. It presents information in a clear, concise manner, explaining various investment options. The authors emphasize simplicity, low cost, and focusing on index funds which have been proven to outperform most active funds over a long period. Other financial options are also explained including insurance, bank accounts, bonds, and real estate including allocations for long and short term savings for various age groups. This book is written for novice and intermediate investors, and assumes no previous financial knowledge.

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