The Bogleheads Guide to Investing: Contrarian Advice That Provides the First

SUMMARY: The Bogleheads’ Guide to Investing - Contrarian advice that provides the first step on the road to investment success by Taylor Larimore, Mel Lindauer & Michael LeBoeuf.

by Edgar Allan Poe

4.3 out of 5

Language	:	English
File size	:	320 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	19 pages
Lending	:	Enabled

FREE

The Bogleheads Guide to Investing is a concise and accessible guide that provides a solid foundation for beginning investors. This book is ideal for those new to the world of investing, offering a simple and straightforward approach to building and managing a diversified investment portfolio. The authors, Taylor Larimore, Mel Lindauer, and Michael LeBoeuf, are seasoned investors and educators who have extensive experience in the financial industry. They present a down-to-earth and practical approach to investing, emphasizing the importance of long-term investing, low costs, and diversification. The book is packed with actionable advice and practical examples, making it an invaluable resource for both novice and experienced investors alike.

The Bogleheads Philosophy

The Bogleheads philosophy is based on the principles of index fund investing, low costs, and diversification. Index funds are passively managed funds that track a particular market index, such as the S&P 500. They offer a low-cost and efficient way to gain exposure to the stock market. Low costs are essential to long-term investment success. High fees and expenses can eat away at your returns over time. Diversification is the practice of spreading your investments across different asset classes, such as stocks, bonds, and real estate. This helps to reduce risk and improve your chances of long-term success.

The Bogleheads Guide to Investing

The Bogleheads Guide to Investing is divided into four parts:

• Part 1: The Basics of Investing
  • This section covers the basics of investing, including how to get started, how to choose an investment advisor, and how to open an investment account.
• Part 2: Building a Diversified Investment Portfolio
  • This section provides a step-by-step guide to building a diversified investment portfolio using index funds.
• Part 3: Managing Your Investment Portfolio
  • This section covers how to manage your investment portfolio over time, including how to rebalance your portfolio and how to withdraw money from your investments.
• Part 4: Investing for Retirement
  • This section provides advice on investing for retirement, including how to choose a retirement account and how to plan for retirement expenses.

The Bogleheads Community

The Bogleheads community is a group of investors who follow the principles of the Bogleheads philosophy. The community is named after John Bogle, the founder of the Vanguard Group and a pioneer in the field of index fund investing. The Bogleheads community is a supportive and welcoming environment where investors can learn from each other and share their experiences.

The Bogleheads Guide to Investing is an essential resource for any investor, regardless of their experience level. This book provides a clear and concise roadmap to long-term investment success. By following the principles of index fund investing, low costs, and diversification, you can achieve your financial goals and secure your financial future.

Additional Resources

• The Bogleheads Community
• The Vanguard Group
• Index Funds

SUMMARY: The Bogleheads’ Guide to Investing - Contrarian advice that provides the first step on the road to investment success by Taylor Larimore, Mel Lindauer & Michael LeBoeuf.

by Edgar Allan Poe

4.3 out of 5

Language	:	English
File size	:	320 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	19 pages
Lending	:	Enabled

FREE