So while I had pretty much made up my mind about switching to the Couch Potato method, I asked
John about index investing.
Not exact matches
Instead, he set
about encouraging people to live frugally, save money, and
invest in
index funds, often buying boxes of
John Bogle's books and handing them out to his colleagues.
If you want to learn more
about index funds, then there's a book called the little book of common sense
investing by
John Bogle.
Nearly 15 years ago I wrote a story for MONEY Magazine in which
index investing pioneer and Vanguard founder
John Bogle worried that the industry's slicing and dicing of broad
indexes into ever smaller and specialized slivers was turning the concept of
indexing on its head, making it more
about speculating which area of the market will outperform than harnessing the power of the broad market in a low - cost efficient way.
John Bogle has written extensively
about how it is that a low - cost
indexed approach to
investing will actually lead to above - average returns.
Hi
John, Including only
index investing books in your guide does not educate Canadians adequately
about investing in my view.
I had lucked out and just started reading
about John Bogle and passive
index investing in 2007.