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Summary of The Bogleheads’ Guide to Investing 

4.7 . 1884 reviews

Short summary

Most people harbor hopes of becoming wealthy one day. But few of them know what day they should mark it on their calendar and, most importantly, what to do to become rich. If you don’t know where to start but dream about a financially comfortable life and retirement, this summary will get your ducks in a row and teach you proper investing techniques. Its authors, Mel Lindauer, Taylor Larimore, and Michael LeBoeuf, gurus of investments and members of the famous Bogleheads community, share simple secrets that will lead you to financial freedom. The Bogleheads Guide also had positive reviews from readers and was mentioned in The New York Times, The National, and Forbes. Ultimately intelligent and insightful, this tidbit will encourage you to make your first investment steps and teach numerous do’s and don’ts of investing. “Create a simple, diversified asset allocation plan. Invest a part of each paycheck in low-cost, no-load index funds according to your plan. Check your investments periodically, rebalance when necessary, then stay the course.” ~ Mel Lindauer, Taylor Larimore, Michael LeBoeuf

Table of content

  • Summary of The Bogleheads’ Guide to Investing
  • About the author
  • What is The Bogleheads’ Guide to Investing about?
  • Who should read The Bogleheads’ Guide to Investing
  • Topics in The Bogleheads’ Guide to Investing
first key point

The Bogleheads universe: a brief introduction to investing

Listen the first key point
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Let’s meet the Bogleheads — a group of like-minded folks connected by a shared vision of financial responsibility. Named after investor expert John Bogle, Bogleheads Forum is a platform where its community members interact, and it is, by right, a phenomenon of contemporary economic advisory. Bogleheads believe their mission is to help investors, convey the idea of the simple complexity of money, and advocate for rational thinking and a caring attitude. But first things first, let’s look at Bogleheads’ value system.

The planet of Bogleheads comprises millions of investors worldwide. It owes its philosophy to John Bogle, its unchanged leader and individual investor advocate who dedicated his career to developing a navigation system for investors with and without experience. He created a constantly expanding team of co-thinkers who believed in supporting relations between them. Bogle and his followers insist that investing shouldn’t be complicated.
If you picture yourself retired with a cold martini with an olive, free of fear about your tomorrow, follow the Bogleheads guide to ensure that future.
So, this summary presents a detailed manual about investments, their types, and steps to minimize risks. After navigating this tidbit, you’ll know how to have both feet on the floor before you start investing and how to secure your wealth from inflation and other hazards. And even if you don’t know anything about finances, this summary is a perfect choice to learn the ropes. Like a heartwarming conversation with an old friend who is always there to support you, it’ll bring you true joy and the intention to start changing your life for the best.
second key point

Financial behavior matters

It’s a sad statistic, but most people will live from hand to mouth by age 65. Yes, people live longer, but no, they don’t make more money. More precisely, they lack the knowledge and tools to do it. Investments can not only save the day but become your future bread and butter. However, it is crucial to know all the subtleties of sound investment.
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third key point

You need money to make more money

fourth key point

What to buy? Stocks, bonds & other securities

fifth key point

Slow and steady wins the race

sixth key point

Don’t underestimate the taxes’ impact on investing

seventh key point

Everything you need to know about rebalancing

eighth key point

Diversify essentials, eliminate the rest

ninth key point

Conclusion

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What is The Bogleheads’ Guide to Investing about?

Who should read The Bogleheads’ Guide to Investing

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