The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.
While the stock market has tumbled and then soared since the first edition of Little Book of Common Sense was published in April 2007, Bogle’s investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor.
Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing.
A portfolio focused on index funds is the only investment that effectively guarantees your fair share of stock market returns. This strategy is favored by Warren Buffett, who said this about Bogle: “If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds. . . . Today, however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me.”
Bogle shows you how to make index investing work for you and help you achieve your financial goals, and finds support from some of the world's best financial minds: not only Warren Buffett, but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale’s David Swensen, Cliff Asness of AQR, and many others.
This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future.Build a broadly diversified, low-cost portfolio without the risks of individual stocks, manager selection, or sector rotation.Forget the fads and marketing hype, and focus on what works in the real world.Understand that stock returns are generated by three sources (dividend yield, earnings growth, and change in market valuation) in order to establish rational expectations for stock returns over the coming decade.Recognize that in the long run, business reality trumps market expectations.Learn how to harness the magic of compounding returns while avoiding the tyranny of compounding costs.
While index investing allows you to sit back and let the market do the work for you, too many investors trade frantically, turning a winner’s game into a loser’s game. The Little Book of Common Sense Investing is a solid guidebook to your financial future.
Since the first edition of Common Sense on Mutual Fundswas published in 1999, much has changed, and no one is more awareof this than mutual fund pioneer John Bogle. Now, in thiscompletely updated Second Edition, Bogle returns to takeanother critical look at the mutual fund industry and helpinvestors navigate their way through the staggering array ofinvestment alternatives that are available to them.
Written in a straightforward and accessible style, this reliableresource examines the fundamentals of mutual fund investing intoday's turbulent market environment and offers timeless advice inbuilding an investment portfolio. Along the way, Bogle shows youhow simplicity and common sense invariably trump costly complexity,and how a low cost, broadly diversified portfolio is virtuallyassured of outperforming the vast majority of Wall Streetprofessionals over the long-term.Written by respected mutual fund industry legend John C.BogleDiscusses the timeless fundamentals of investing that apply inany type of marketReflects on the structural and regulatory changes in the mutualfund industryOther titles by Bogle: The Little Book of Common SenseInvesting and Enough.
Securing your financial future has never seemed more difficult,but you'll be a better investor for having read the SecondEdition of Common Sense on Mutual Funds.
Check out my other books:
The Dividend Millionaire: Investing for Income and winning in the stock market.
Economic Crisis: Surviving Global Currency Collapse - Safeguard Your Financial Future with Silver and Gold.
Investing in Gold and Silver Bullion: The Ultimate Safe Haven Investments.
Guide to Investing in the Nigerian Stock Market.
Building Wealth with Dividend Stocks in the Nigerian Stock Market - Dividends - Stocks Secret Weapon.
Stock Market Investing: Pathway to Wealth Creation.
In the Pursuit of Wisdom: The Principal Thing.
Are you looking for a trusted resource to help you add mutual funds to your investment strategy? With straightforward advice and a plethora of specific, up-to-date mutual fund recommendations, personal finance expert Eric Tyson helps you avoid fund-investing pitfalls and maximize your chances of success.
Newly revised and updated, Mutual Funds For Dummies quickly and easily helps you pick the best funds, assemble and maintain your portfolio, and evaluate your funds' performance. In no time, it gets you up and running on exchange-traded funds, tax laws affecting investments in funds, how to evaluate different fund-investing strategies, and much more.Plan and implement a successful investment strategy that includes mutual fundsAvoid fund-investing pitfallsFind the best-managed funds that match your financial goalsSelect among mutual funds, exchange-traded funds, and other investing options
Complemented with sample fund portfolios and updated forms that show you exactly how to accomplish your financial goals, this is your trusted resource for planning and implementing a successful investment strategy that includes mutual funds.
A Foreword by John C. Bogle, founder of The Vanguard Group andone of the most respected leaders in the mutual fund industry, setsthe stage for this authoritative book that explains thecomplexities of the phenomenal industry in simple terms.
Investors like the fact that mutual funds offer professionalmanagement, easy diversification, liquidity, convenience, a widerange of investment choices, and regulatory protection. Mutual FundIndustry Handbook touches on all of those features and focuses onthe diverse functions performed in the day-to-day operations of themutual fund industry. You'll learn about:
If you want a definitive reference on the mutual fund industry,this is the book for you.