Product Description

The Bogleheads’ Guide to Investing is a slightly irreverent, straightforward guide to investing for everyone. The book offers sound, practical advice, no matter what your age or net worth. Bottomline, become a Boglehead and prosper! Originally just the chat–line ruminations of Boglehead founder Taylor Larimore, and Morningstar forum leading cohorts Mel Lindauer and Michael LeBoeuf, their trusted advice has been brewed and distilled into an easy–to–use, need–to–know, no frills guide to building up your own financial well–being – so you can worry less and profit more from the investments you make. 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. If you face a financial crisis or problem, or simply want to know what is prudent to do with the money you save, the Bogleheads will have the answers you need to help you gain your financial footing and keep it.

Product Details

• Amazon Sales Rank: #325685 in Books
• Published on: 2007-10-09
• Original language: English
• Number of items: 1
• Binding: Paperback
• 336 pages

From the Back Cover

Praise for
The Bogleheads′ Guide to Investing

"If you master the concepts laid out in this book, you′ll do very well."
—Reuters News

"Kindness, integrity, and common sense can be scarce on Wall Street, but the Bogleheads have each in abundance. Reading The Bogleheads′ Guide to Investing is like learning investing from your grandfather. There′s a lifetime of wisdom packed into these pages, coupled with a sincere desire to help investors meet their goals. Jack Bogle will be proud!"
—Don Phillips, Managing Director, Morningstar

"The Vanguard Diehards—a.k.a. the ′Bogleheads′—are easily the planet′s most well–informed, congenial, and successful group of individual investors. At long last, they′re letting the general public in on their solutions, their secrets, and their strategies. If you′re about to retire, are planning to retire, or are even thinking of retiring, you can′t afford not to read this book."
—William J. Bernstein, cofounder, Efficient Frontier Advisors, LLC
author of The Intelligent Asset Allocator and The Four Pillars of Investing

"More than thirty years ago John Bogle started a war in the mutual fund industry. His weapon was low fees, and his shield was common sense. In this book, three ardent followers sagely outline Bogle′s approach that has benefited millions and will benefit millions more."
—Richard Ferri, CFA, President, Portfolio Solutions LLC
author of The ETF Book: All You Need to Know About Exchange–Traded Funds (Wiley/December 2007)

"Those investors who have the courage, discipline, and wisdom to follow the sound financial and investment strategies of The Bogleheads′ Guide to Investing are virtually certain to achieve results superior to not only the vast majority of individual investors, but the vast majority of professionals as well. What is perhaps more important is that the quality of their lives will be improved because they will have more time to spend on the really important things in their lives."
—Larry Swedroe, author of The Only Guide to a Winning Investment Strategy You′ll Ever Need

About the Author

Taylor Larimore, Mel Lindauer, and Michael LeBoeuf are three millionaires who met online and combined their investing experience and efforts to help others. The authors have contributed over 40,000 posts on the Diehards and Bogleheads forums. You can read more about each of them in "About the Authors" on page 293.

Customer Reviews

Unbiased, Informed Financial Advice in Easy-to-Understand Form
Most people don't have time to read dozens of books about personal finance and investing. Even if people did have that much time, they would seldom be able to integrate what different authors had to say into a consistent approach.

For several decades, people have been asking me what one book they could read to be more successful with their personal finances. Until now, I've been reluctant to pick any one book. Instead, I would usually provide a list of 6-8.

Having read The Bogleheads' Guide to Investing, I can now safely recommend one book for the first time: This one!

Taylor Larimore, Mel Lindauer and Michael LeBouef have five important advantages over other personal finance authors:

1. They are experienced investors.
2. They are well read on the subject of personal finance.
3. They've been answering questions for years from those who want to know what to do on Morningstar Vanguard forum and its related site, diehards.org
4. They are an expert writing team rather than a writer or celebrity trying to be supported by experts.
5. They aren't trying to sell you anything except their book which makes their advice more independent than usual.

The book's range is impressive. Part I looks at the essential elements of successful investing and includes looking at your financial lifestyle, how to start investing young and regularly, different types of financial instruments, inflation-protected bonds, investing minimums, avoiding complications that lose you money, asset allocation, reducing costs, minimizing and deferring taxes, diversification, market timing, money for college, employing a windfall and whether to retain a financial advisor.

Part II looks at how to track your progress and rebalance assets, staying immune from daily "news" about investing, being in control of your emotions, building up enough money for retirement, asset protection through insurance and estate planning.

The book tackles head on a lot of the bad advice you get about investing, while also being realistic about how much time and effort most of us want to put into financial planning. The tone is friendly, the advice is good and the warnings are appropriate.

What more can you expect from the only personal finance book you'll ever need?