Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your email address or mobile phone number.
The Bogleheads' Guide to Investing Hardcover – August 18, 2014
|New from||Used from|
Learning Leadership: The Five Fundamentals of Becoming an Exemplary Leader
Improve your leadership skills with this new book from the authors of "The Leadership Challenge." Learn more.
Frequently Bought Together
Customers Who Bought This Item Also Bought
From the Inside Flap
The Bogleheads’ Guide to Investing is a handy resource that is written for anyone who may be grappling with a financial problem or simply wants to know how to invest money to get the best results. The Boglehead team of investment experts—Mel Lindauer, Taylor Larimore, and Michael LeBoeuf—provide the answers for gaining a foothold in the market and keeping it there.
Investing can be simple, but it’s certainly not simplistic. Over the course of nearly 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 Bogleheads’ Guide to Investing is a hands-on resource for tapping into John C. Bogle’s “uncommon” investing wisdom.
Like the first edition, this thoroughly revised and updated second edition of The Bogleheads’ Guide to Investing offers investors of all stripes, ages, and investing prowess a DIY handbook that champions the sage investment wisdom of John C. Bogle. Often witty and always wise, the book is filled with sage advice that helps investors take the first step on the road to investment success. And to keep investors on the right path, the authors illustrate how relying on "common sense" promoted by Wall Street is destined to leave you poorer.
The updated second edition includes the latest information on how to profit from backdoor Roth IRAs and Exchange Traded Funds. The book also contains timely updates on estate taxes and gifting, plus changes to the laws regarding traditional as well as 401(k) and 403(b) retirement plans. In addition, the authors offer investment warnings and principles that are both precisely accurate and sometimes counterintuitive.
Assuming no extensive knowledge of finance on your part, the Boglehead authors march you step by step toward the winning investment strategy.
From the Back Cover
Praise for The Bogleheads’ Guide to Investing, Second Edition
"I'm often asked to recommend a good, basic book on investing, and The Bogleheads' Guide to Investing has been my go-to pick since its original publication. It focuses on all the right things: the virtues of maintaining a frugal lifestyle, keeping investment costs down, and building a simple, low-maintenance portfolio. And importantly, it also tells investors what they can safely tune outnamely, day-to-day market action and the latest 'hot' investment products. Its advice will stand the test of time."
CHRISTINE BENZ, Director of Personal Finance, Morningstar, Inc.
"John Bogle set out to reform the mutual fund industry nearly 40 years ago. He saw a high fee, self-serving, good ol' boy network and thought it was wrong. Bogle believed the purpose of an investment company was to be investor-focused. His idea turned into a revolution. The Bogleheads' Guide to Investing is a testimony to the massive changes that have taken place as a result of Bogle's vision. The ideas in this book have saved countless investors billions of dollars in unnecessary fees. Hats off to Taylor, Mel, and Mike for a job well done."
RICK FERRI, CFA, Founder, Portfolio Solutions LLC
"The Bogleheads' Guide to Investing describes a sophisticated and proven approach to successful investing. Nevertheless, its message of saving, investing in a diversified, balanced, low cost portfolio, and keeping it simple is easily grasped by investors of all levels of experience. Regardless of your investment acumen, this book provides many clearly expounded investment insights and is a great roadmap to financial success."
GEORGE U. "GUS" SAUTER, Retired Chief Investment Officer, Vanguard
"The best one-stop shopping solution to saving, debt management, investing, insurance, and financial planning I have seen between two covers. For the price of a week's worth of lattes, you can secure your future."
WILLIAM J. BERNSTEIN, cofounder, Efficient Frontier Advisors, LLC, author of The Intelligent Asset Allocator, The Four Pillars of Investing, and The Investor's Manifesto
Top Customer Reviews
Before finding this gem of a book, I was reading several success books this year like "Success Principles" by Canfield, "Success Through a Positive Mental Attitude" by Hill & Stone, "The Richest Man in Babylon" by Clason, "The Templeton Plan" by Sir Templeton, to name a few. One book led to another and I ended up with "Smart Couples Finish Rich" by David Bach, which led me to Graham's "The Intelligent Investor". I first read Graham's 1972 edition (thanks to LA public library) and was looking for more current examples, so I purchased the 2003 edition with commentaries by Jason Zweig, which proved to be a very worthwhile upgrade.
While looking up some things I didn't understand online, I repeatedly came across the bogleheads forum, so I signed up as a free member and asked a question. The bogleheads were so helpful that I not only got my question answered, but also understood that the people there were genuinely trying to help. One of the bogleheads led me to a forum page which had book recommendations, so I purchased the kindle edition of this book.
And the moment I started reading the book, I knew this book had the answers for most of my questions. I finished reading it in two days! I just wanted to do this homework done asap and take care of my 401(K)s and IRAs. I had done a big timing mistake six years ago and went highly conservative (80% bonds, 10% stocks and 10% REITs). Luckily it was before the crash, so I had netted some profits, but I waited too long to get in to stocks again. Then I changed jobs and never paid attention! And the stock market had its best bull run for the past 5 years (no one told me!)!Read more ›
However, given the title "Bogleheads' Guide to Investing," I was expecting more of a how-to on getting started. Instead, it was mostly preaching to the converted---why index funds are better than active funds, why costs matter, etc. I already agree with these mantras. I was looking for, and didn't find, actionable advice on investing.
In particular, I would have liked more practical information on asset allocation. Instead, there was a general overview of different type of allocation models, with no recommendations for which might be best.
This is a very easy to read book and trust me, invest a few hours in this book and you can save 10s of thousands of dollars (if not more) for your retirement (your future self will thank me).
I also got introduced to the boglehead forum which is a great source of information and advice from people who truly have nothing to gain but the satisfaction of helping their fellow man.
Most Recent Customer Reviews
There are two problems with the majority of investing books. One, many of them have outright bad or self-serving advice. Read morePublished 1 day ago by Financebookguy
I'm not exaggerating in the least when I say that this book changed my life and gave me confidence to not only manage my own investments, but do it better than any advisor I had... Read morePublished 5 days ago by Bobby S
the most helpful investing book i have found. gives clear guidance on investing strategy. simplifies investingPublished 11 days ago by new user
A good book to get your child or someone whos not too computer savvy. Their forums has all the info provided and then some!Published 14 days ago by Reviewer007
I have read portions of this book in the past and am happy to now own it. This is a must read for everyone, period. Stop playing in to the fears and confusion of Wall Street. Read morePublished 15 days ago by JB
This book is good for any investor but especially so for first timers. I'm not a first timer investor but it helped me realize what I'm doing is on target.Published 18 days ago by S. Eng
New to investing, I found this book perfect to introduce me to bogleheads. I opened a Vanguard account soon after and am employing several investment strategies illustrated in the... Read morePublished 1 month ago by J
This is a great book providing a simple (as it should be) financial overview. I bought it for a family member to read, to get a sense of how personal investing works.Published 1 month ago by Colorado