Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition
Author | : | |
Rating | : | 4.66 (780 Votes) |
Asin | : | 0470138130 |
Format Type | : | paperback |
Number of Pages | : | 656 Pages |
Publish Date | : | 2015-08-17 |
Language | : | English |
DESCRIPTION:
Now the same author has added another. Money Book Club alternate. While the first book aimed at educating beginners, the new one seeks to persuade experienced investors to discard received wisdom that isn't so wise after all. Today, as the number of Americans who invest in mutual funds continues to grow, such books take up several aisles in a section of their own. . On the other hand, Vanguard has always been famous for running the lowest-cost mutual funds, funds that eschew loads, engage in sensible strategies and return all profit to the investors. So he knows the business from the ground up. Bogle on Mutual Funds is one of them. That rare combination, mixed with years of serious research and a dash of style, makes Bogle
muddy glass said sometimes simplicity must be exhaustively explained to be believed. this is *the* book to read on mutual funds. it's a hefty tome coming in at 600+ pages, but fear not. this book does not read like a dry financial report. bogle is opinionated and his writing flourishes with reminders of his personality amidst the endless but important charts and tables. to spice things up, bogle makes references to a wide variety of sources including shakespeare, thomas paine, scripture and even hegel! by the time you're done, you'll know *everything* you've ever wanted to know (and more) about the mutual fund industry, all str. I bought this book to continue my studies on passively managed funds This is the type of book you have to sit down with and really concentrate on; it is not an easy read. I bought this book to continue my studies on passively managed funds. It is one I read after reading several others and this is one that I would recommend only after you've read a few before it as it can get detailed and technical. Based on the information in the book, I redid my entire portfolio. Also, this is the only book I've found so far that said purchasing a house wasn't necessary a good investment which I also concluded before I read th. "Most Efficient Way to Invest" according to John R. Trauth. Best advice on investing, but quite long. Investment advice has worked well for me over many years. I used to deal actively in stocks and various mutual funds. Now, using indexes, and investing in market segments, my investment returns ahve been much better, with MUCH less effort.
Now, in this completely updated Second Edition, Bogle returns to take another critical look at the mutual fund industry and help investors navigate their way through the staggering array of investment alternatives that are available to them.Written in a straightforward and accessible style, this reliable resource examines the fundamentals of mutual fund investing in today's turbulent market environment and offers timeless advice in building an investment portfolio. Along the way, Bogle shows you how simplicity and common sense invariably trump costly complexity, and how a low cost, broadly diversified portfolio is virtually assured of outperforming the vast majority of Wall Street professionals over the long-term.Written by respected mutual fund industry legend John C. BogleDiscusses the timeless fundamentals of investing that apply in any type of marketReflects on the structural and regulatory changes in the mutual fund industryOther titles by Bogle: The Little Book of Common Sense Investing and Enough.Securing your financial future has never seemed more difficult, but you'll be a better investor for having read the Second Edition of Common Sense on Mutual Funds.. Bogle shares his extensive insights on investing in mutual fundsSince the first edition of Common Sense on Mutual