The irreverent guide to making an investment, Boglehead style
The Boglehead’s Guide to Investing is a DIY handbook that espouses the sage investment wisdom of John C. Bogle. This witty and wonderful book offers contrarian advice that provides step one on the road to investment success, illustrating how relying on typical “common sense” promoted by Wall Street is destined to leave you poorer. This up to date edition includes new information on backdoor Roth IRAs and ETFs as mainstream buy and hold investments, estate taxes and gifting, plus changes to the laws regarding Traditional and Roth IRAs, and 401k and 403b retirement plans. With warnings and principles both precisely accurate and grandly counterintuitive, the Boglehead authors show how beating the market is a zero-sum game.
Investing will also be simple, but it’s certainly not simplistic. Over the course of 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 Boglehead’s Guide to Investing brings that communication to you with comprehensive guidance to the investment prowess on display at Bogleheads.org. You can learn to craft your own investment strategy the usage of the Bogle-proven methods that have worked for thousands of investors, and how to:
- Choose a sound financial way of life and diversify your portfolio
- Start early, invest frequently, and know what you’re buying
- Preserve your buying power, keeping costs and taxes low
- Throw out the “good” advice promoted by Wall Street that leads to investment failure
Financial markets are essentially closed systems in which one’s gain garners another’s loss. Investors in search of a roadmap to successfully navigating these choppy waters long-term will find expert guidance, sound advice, and a little irreverent humor in The Boglehead’s Guide to Investing.
