I'm a big fan
of the bogleheads guide to investing as a great starter book for investors and am currently reading the millionaire next door.
Juicy Excerpt: A member
of the Bogleheads Forum recently started a thread («Using CAPE to Time Market?»)
And if I wrote a chapter on costs and investing, chapter 9
of The Bogleheads» Guide to Investing would be it!
Today is my day to host AllFinancialMatters» Bogleheads October project where a different personal finance blog reviews a chapter
of The Bogleheads» Guide to Investing every day.
If you want a great and detailed read on why index fund investing is a winner, pick up a copy
of The Bogleheads» Guide to Investing.
Yet he has never publicly objected to the Campaign of Terror employed by Mel Lindauer (co-author
of The Bogleheads Guide to Investing) to silence discussion of Valuation - Informed Indexing at the discussion boards at Morningstar.com and www.Bogleheads.org.
The fact that I was responsible for the founding
of the Bogleheads Forum amazes me.
Retail brokerage firms (like Schwab, Fidelity, or Vanguard) have adequate protections for investors holding securities, and if you follow the principles of this site and
of Bogleheads, you will not need managed services.
I'm a big fan
of Bogleheads, so this is very exciting for me.
Taylor Larimore (the co-author
of The Bogleheads Guide to Investing) and I used to engage in a comedy routine re this question when we posted together at the Vanguard Diehards forum at Morningstar.com.
I'm a big fan
of Bogleheads, so this is very exciting for me.
The Wiki is a comprehensive investing and personal finance reference that was built and is maintained by members
of the Bogleheads ® community.
I follow a lot
of the Boglehead principals: keeping my portfolio simple, going for funds with low fees, etc., and so far it's worked.
Not exact matches
The founder Jack Bogle is now so popular he has a massive following who call themselves the
Bogleheads and maintain one
of the best investing forums online.
Whether you're a dividend growth investor or a good old fashion
Boglehead, the point is your passive income is made perfectly, without another real ounce
of effort on your part.
He even has his own group
of fans, called «
Bogleheads,» who cling to every utterance and pronouncement from the great man.
Bogleheads is a group inspired by John Bogle (founder
of Vanguard) but the group is not run or endorsed by him.
Bogleheads ® is a registered service mark
of The John C. Bogle Center for Financial Literacy.
William Bernstein commented at the recent
Bogleheads Conference that the threat
of deflation has all but disappeared in the fiat money era.
To learn more about index investing, go to the
Bogleheads wikipage which is investing advice inspired by Jack Bogle, creator
of index funds.
A number
of sites I visited recommended The
Bogleheads» Guide to Investing as an essential read for investing newbies.
I'd simply bring a book like the
Bogleheads Guide to Investing, or The Coffeehouse Investor, and explain the benefits
of index fund investing.
Some
of these diehards call themselves
Bogleheads in tribute to their muse.
The The
Bogleheads» Guide to Investing is about MUCH MORE than just investing (for a chapter - by - chapter review, see the
Bogleheads» October Project), while The Little
of Book
of Common Sense Investing is much more focued in that it is basically about the virtues
of indexing.
I am a complete
Boglehead (follower
of John Bogle) and I highly recommend low cost index funds.
I chose these ETFS because the
Boglehead's wiki's Lazy Portfolio page recommended them, but also because I do not have the required cash to invest in fractional shares
of their equivalent mutual funds.
I just discussed this topic over on the
bogleheads forum... they said to decide your asset allocation first, then to choose the lowest cost funds available in your 401K to accomplish that goal, even if the only fund that will cover a particular sector
of your asset allocation is more expensive (for example my international funds are all over.5 MER — but they said not to skip this category just because it was more expensive than I would like).
While not an investment broker specifically,
Bogleheads is really a forum and community
of investors who share investment advice and wisdom based on the principles
of Jack Bogle, author, founder, and former CEO
of the Vanguard Group.
In the nomination thread, those
of you who supported
Bogleheads noted that they're a great community, and they offer personalized, individualized advice based on questions posted to the forum.
For instance, one area where I disagree with the
Bogleheads is in terms
of stock specific risk.
The
Bogleheads brought up the rear with 3 %
of the vote, with many
of you noting that anyone can invest with Vanguard, but the
Bogleheads are a community
of investors sharing advice and experience along the way.
When it comes to individual stock picking, a typical
Boglehead will cite the usual litany
of failed firms like Eastman Kodak, General Motors, and Wachovia to claim that individual stock picking is a futile exercise.
I've read the
Boglehead's Guide to Investing a couple
of times and it's one
of my favorite investing books and where I take most
of my investing advice.
An example
of where to start again comes from
bogleheads: their three fund portfolio.
If you want the opinions
of other Vanguard investors, take a look at the
Bogleheads Investment Forum and Vanguard Diehards forum.
My all time favorite book on investing is The
Bogleheads» Guide to Investing, which expounds upon the investing ideas
of John Bogle, the founder
of Vanguard.
Bogleheads sounds like a great book... I plan on reviewing it myself once I get to the end
of the library wait - list.
There are some worried folks over at the
Bogleheads forum who fear that, if only one firm holds all
of an investor's assets, and they go belly up, they would lose most if not all their life savings, a la Bernie Madoff.
The fellow who got me banned from the
Bogleheads Forum believed that he was helping the members
of that...
A lot
of what you said I learned from «
Boglehead's Guide to Investing», which I thought was a great read.
If you don't believe me, read the book «A Random Walk Down Wall Street, or look up the topic
of John Bogle /
Bogleheads / and the foundation
of the Vanguard company itself.
While researching my article on The Best Investors
of All Time, the term
Bogleheads kept coming up when I was researching Jack Bogle.
One
of the highly recommended books on the list, which I found common with a lot
of other lists was The
Bogleheads Guide to Investing.
The
bogleheads recommend you determine your asset allocation on the basis
of 4 parameters — goals, time frame, risk tolerance, personal finance situation.
by Rob Bennett The
Bogleheads Forum has been hosting for several weeks a super thread on the merits (or lack thereof)
of Valuation - Informed Indexing.
Bogleheads is the name given to a community
of people who believe in and follow the principles laid down by him.
I'd suggest considering an annuity to guarantee income to cover rock - bottom expenses (under the
Bogleheads idea
of «once you've won the game, quit playing»), but beyond that it's not really an investment so much as an insurance policy (guaranteeing you X per month for life).
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.
I sort
of know you, first from
Bogleheads (boy, you could sure say I told you there, but they wouldn't let you post I'm sure) and M *.
If you're an investor, you're thinking
of becoming an investor, or have a friend, family member, etc. who fits either
of these descriptions, The
Bogleheads» Guide to Investing is a must read.