Customer Review

Reviewed in the United States on March 26, 2018
Mr. Bogle makes a solid argument repeatedly, by approaching the same question from multiple directions and supporting it with unimpeachable numbers. It reinforced some views that I had already developed on my own, but also clued me in to the adverse effects over time of high expense ratios and transaction costs.

When I finished the book I liquidated a stock that pays a decent dividend but seems to have little growth potential, and a mutual fund that has excessive costs that I had overlooked. I put the money in a low-cost S&P 500 index fund that already made up a significant part of my portfolio.

I agree with other reviewers who have criticized the book as repetitive, but it's worth reading for its style, wit, and clarity.
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4.7 out of 5 stars
4.7 out of 5
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