The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)

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The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)

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He created Vanguard in 1974 and served as Chairman and Chief Executive Officer until 1996 and Senior Chairman until 2000.

Plus, you’d have to wait about 25 years to know who that is, by which time you’ve already missed out! I think it paints a pretty good picture of how an individual should be investing - all the while re-iterating that his way is not the only way. I've been trying to learn more about investing for quite a while, but this is the first book I've bought on the topic. The tenet of Index investing is that even if we cannot beat the market, we still do not lose our invested money (risk-free).To support his statement (while claiming that he invented the index funds) he uses arguments such as tax, agent fees, half quotes from famous people, stupid examples on why this worked (you may be able to find many more on why this did not work! The fact is that the preponderance of investors (and, apparently, fund managers) still believe in an Alice-in-Wonderland world of investment which is all about special insights, market timing, leveraging and unfeasibly complex investment products or strategies. He had been associated with a predecessor company since 1951, immediately following his graduation from Princeton University, magna cum laude in Economics.

Dec 2017 I had meeting with my investment advisor, my wife and I left the meeting and we both conferred (on the car ride home) that he seemed not his usual confident self.I thought it was going to be extremely basic beginners guide and only scratch the surface of the investment world.

Trying to beat the market "is a loser's game," according to Bogle and "the more the managers and brokers take, the less investors make. Definitely a re-read because it's hard to listen as an audiobook, I'd rather read about ROI %'s than hear them. With the author John Bogle being one of the key players in the field of index funds (albeit now retired), one could easily anticipate a certain unfair bias in favour of these products. In this book, Bogle backs his theory up with simple, easy to understand mathematical concepts and with statistics from the market's history. Bogle as one of the world's 100 most powerful and influential people, and Institutional Investor presented him with its Lifetime Achievement Award.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. In 1999, FORTUNE designated him as one of the investment industry's four "Giants of the 20th Century. Are taxes not exactly what he is describing here in a way that would positively impact everyone, rather than just the lucky few who can afford to invest? This interesting book on the principles of passive investment is let down by the frequent references, in the audio narration, to an accompanying pdf which is not provided anywhere.

Definitely makes a convincing point, sharing a handful of opinions given by experts in the field that agree and (some) also adopt it in their own portfolios.And maybe it'll work fine for most, even so, but the point is to get going EARLY so the compound works FOR you.



  • Fruugo ID: 258392218-563234582
  • EAN: 764486781913
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