Define Appertaining To Books The Bogleheads' Guide to Investing
Title | : | The Bogleheads' Guide to Investing |
Author | : | Taylor Larimore |
Book Format | : | Hardcover |
Book Edition | : | Anniversary Edition |
Pages | : | Pages: 307 pages |
Published | : | January 1st 2006 by John Wiley & Sons |
Categories | : | Economics. Finance. Nonfiction. Personal Finance. Business. Currency. Money |
Taylor Larimore
Hardcover | Pages: 307 pages Rating: 4.29 | 5964 Users | 323 Reviews
Chronicle In Favor Of Books The Bogleheads' Guide to Investing
The Bogleheads' Guide to Investing is a slightly irreverent, straightforward guide to investing for everyone. The book offers sound, practical advice, no matter what your age or net worth. Bottomline, become a Boglehead and prosper! Originally just the chat-line ruminations of Boglehead founder Taylor Larimore, and Morningstar forum leading cohorts Mel Lindauer and Michael LeBoeuf, their trusted advice has been brewed and distilled into an easy-to-use, need-to-know, no frills guide to building up your own financial well-being - so you can worry less and profit more from the investments you make. Invest like a Boglehead, and let their grassroots investment wisdom guide you down the path of long-term wealth creation and happiness, without all the worries and fuss of stock pickers and day traders. If you face a financial crisis or problem, or simply want to know what is prudent to do with the money you save, the Bogleheads will have the answers you need to help you gain your financial footing and keep it.Specify Books To The Bogleheads' Guide to Investing
Original Title: | The Bogleheads' Guide to Investing |
ISBN: | 0471730335 (ISBN13: 9780471730330) |
Edition Language: | English |
Rating Appertaining To Books The Bogleheads' Guide to Investing
Ratings: 4.29 From 5964 Users | 323 ReviewsWrite Up Appertaining To Books The Bogleheads' Guide to Investing
Start with some basic financial advices: spend less than you earn, live below your means, invest in your future rather than your present and so on. And soon gets more interesting, dissecting all main american investment types (that are somewhat similar to brazilian ones, with a few small differences).Then it gets to advanced subjects, with balancing your portfolio, risk management and retirement planning. The book is crowded with smart advices and is a true eye opener when you consider how youThis 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. The main ethos of the book lies in a DIY investment strategy which both history and research support as the winning way to consistently win out over most stock pickers and fund managers over a long time horizon. I am fully on board with this strategy and am so glad to have learned these important lessons while I'm still
Here's what I learned by chapter:Ch 8 Asset Allocation* Investors will benefit from an international stock allocation of 20-40% of their equity allocation.* REIT funds shouldn't exceed 10% of your equity allocation.* Don't use high-yield bonds since they are more like stocks, waste of space in retirement accounts* TIPS is a type of bond: VIPSX for low risk/return and VTAPX for higher risk/return* High-income taxpayers should consider tax-exempt (municipal) bonds when tax-advantaged accounts are
Very well-written, effective teaching tool.
This is a really awesome investment book, especially for beginners. I highly recommend it.Here is a summary of some of the notes I took while reading:Debt = negative wealthDebt is deadly and earning to spend gets you nowhere. The people who reach financial freedom focus on accumulating wealth over time. Focus on your net worth more than your net income.Before you start investing: 1. Graduate from a paycheck mentality to a net worth mentality.2. Establish an emergency fund3. Pay off credit card
Clear, concise, easy to read common sense financial planning.
A Boglehead is an investor who follows the philosophy of Vanguard founder John Bogle. This book contains simple, honest, and wise financial advice based on that philosophy. Contrary to active investing, with its market timing and performance chasing, the Bogleheads espouse passive investing, and base their strategy on Efficient Market Theory (EMT) and Modern Portfolio Theory (MPT). Ive considered myself a Boglehead since 2008, when I stumbled upon the Bogleheads forum and moved my money into
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