common sense on mutual funds reddit

For Bogle converts, you won't find much new in this book. Comparison to The Little Book of Common Sense Investing: One of my favorite books on investing in mutual funds is The Little Book of Common Sense Investing by John C. Bogle. He presented his information in a casual manner, although with quite a bit of repetition. Jack Bogle's Common Sense on Investing says there were 331. I was curious to hear Bogle's thoughts on the recent economic situation, and his reflections on his sage advice ten years earlier. It is quite long. Bogle on Mutual Funds. This would have been a good place to have a second narrator to help the listener understand. John Bogle, the founder of the Vanguard Group mutual fund company, came out with his guide for mutual fund investors in … John’s family was greatly affected by it. It is quite long. Special factors affecting US citizens living abroad may also make holding individual stocks a suitable option. This is the newest edition of one of the best investing books I've read. Mutual funds provide diversification, liquidity, economies of scale, and professional management. These were often interesting, with Bogle saying how correct he was, or in some instances how wrong he was in his predictions of where the mutual fund industry would be. Add in the ETF MERs, and you pay a total of 0.60% to 0.70% in fees per year. New to the group! I was curious to hear Bogle's thoughts on the recent economic situation, and his reflections on his sage advice ten years earlier. Book Review: Common Sense on Mutual Funds. If you are a well-informed investor, you probably know a lot of the “rules” of efficient investing, like purchasing low cost mutual funds, and investing in index funds instead of actively managed funds. I am an avid Dave Ramsey listener and he always talks highly about mutual funds. The content provides an in-depth take on investing strategies and how to … His mother raised him. Anyways, glad I read it, but certainly not light reading. But after reading Common Sense on Mutual Funds I became more enlightened. Holding a well-diversified portfolio of passively managed individual stocks may offer cost advantages, and more opportunities for tax-loss harvesting or for donating appreciated assets than do index funds. For instance, stock funds can be organized by market capitalization (large-cap, mid-cap, etc. You have to be really geeky to read cover to cover. View entire discussion (9 comments) Today I’m reviewing the book Common Sense on Mutual Funds by John Bogle (see my other book reviews).You can browse the book’s table of contents through Amazon reader.. John Bogle (Wikipedia bio) is the founder of The Vanguard Group, winner of TFB Award for Best Mutual Fund Company.I have the highest respect for Mr. Bogle for his innovation and altruism. Common Sense on Mutual Funds, 2010. Removing this book will also remove your associated ratings, reviews, and reading sessions. The Little Book of Common Sense Investing is the classic guide to getting smart about the market.Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. He finally gra… It is a very prestigious academy. The investment industry is saddened to learn of the passing of Vanguard founder John C. Bogle today. We've got you covered with the buzziest new releases of the day. Bogle likes to offer as complete an argument as he can for low cost index funds. To see what your friends thought of this book, Enough. ), by country or region, or by … This is the newest edition of one of the best investing books I've read. I recently finished reading Common Sense on Mutual Funds - New Imperatives for the Intelligent Investor - by John C. Bogle. The best-selling investing "bible" offers new information, new insights, and new perspectives . The content of my book is entirely different, but inspired by John. Published October 19th 2000 by John Wiley & Sons (first published 1999. This is not the book to read if you're looking for a primer on investing or retirement planning that includes Bogle's philosphy. Bogle believes in investor discipline, long-term focus, diligent saving, and the use of passively-managed index funds. Below is the press release issued today by Vanguard, which we reprint in full. This book was written in 1998 by John Bogle, the founder of Vanguard. Mainly, what platform should I use? It is quite long. Reading the newest version, the 10th anniversary edition, adds plentiful commentary, making this even longer. VGRO Fees. It’s not possible to outdo the market with mutual funds. Mutual funds invest primarily in stocks, bonds or cash (or some combination). He also wrote a bestselling nonfiction work entitled Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor. That simple declarative sentence begins my 1999 book, "Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor." I'm 100% VTSAX or VFIAX in my pre-tax 401k and IRA accounts. The second book by John Bogle is commonly highlighted as one of his best: Common Sense on Mutual Funds. Not a beginners guide to investing. He is born during the first year of the Great Recession. This lengthy book was simple to understand but also profound and complex in its message. John C Bogle (born May 8, 1929) is famous for being entrepreneur. Bogle believes in investor discipline, long-term focus, diligent saving, and the use of passively-managed index funds. Investing in index funds vs. high growth/high expense ratio mutual funds. A very thorough blueprint for the individual investor. Which eight principles describe America’s best-run firms; and Need another excuse to treat yourself to a new book this week? Each section focuses on a different but crucial financial obstacle in the current mutual fund industry. I have […] This was for completeness, but hurt readability. The Little Book of Common Sense Investing is the classic guide to getting smart about the market.Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. John Bogle is back at it again. Further-more, the authors have mastered the complexities of their subject to the point where they can explain financial concepts simply and clearly. And with this 10th anniversary edition, the author decided that every few pages (or minutes on the audiobook), he would break in with an update. Common Sense on Mutual Funds . Reading the newest version, the 10th anniversary edition, adds plentiful commentary, making this even longer. Which do recommend and why? Compared to the 2% or higher MER cost of comparable equity mutual funds, you are saving a lot in fees.. How does it compare to robo-advisors? The last ten years, although totally unprecedented and unpredictable, have certainly borne him out. The last ten years, although totally unprecedented and unpredictable. My question is - what is a better allocation to move toward? I listened to this on audio, and the problem with these update sections was that they were introduced by the narrator saying something like “Ten year update,” but there was no indication when the update was over and you were back listening to the original book. With his record, he then went on to Blair Academy with a good scholarship. Overall this is a good review of the economics and the business of mutual funds, and it provides the backgrounds into efficient stock and bond investing. You need a lot o money for a hedge fund to work, and it's not very liquid. Bogle on Mutual Funds: New Perspectives for the Intelligent Investor (Wiley Investment Classics) … mutual funds and using common sense in all financial decisions. The S&P 500 has grown about 30% in the last year. "Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor" by John C. Bogle If you want more than a foreword's worth of Bogle's writing, check out "Common Sense on Mutual Funds." Bogle cites the research which says that actively managed funds very rarely can outpace the average (index) of the stock market due to the fees which eat into returns. Amazon. By 1991, 1 in 6 had gone. He is known for his 1999 book Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor, which became a bestseller and is considered a classic. The best-selling investing "bible" offers new information, new insights, and new perspectives . Press question mark to learn the rest of the keyboard shortcuts. Buy on Amazon. John Clifton "Jack" Bogle (born May 8, 1929) is the founder and retired CEO of The Vanguard Group. please sign up Perhaps it wasn’t exactly repetition, perhaps it was describing nuances to his arguments. My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. It provides a lot of information, in some ways overwhelming. Cookies help us deliver our Services. His parents split after his father started drinking. A summary of "Common Sense on Mutual Funds" by John Bogle. Discussion about retirement account's, Investing long term and short term, Financial new's is welcome here with a major focus on mutual funds. This strategy will only lose the investor money by raising costs as the actively managed fund tries (often in vain) to outperform the market. Description John C. Bogle shares his extensive insights on investing in mutual funds. John attended Manasquan High School with excellent grades. Speculation, 2012 He is born in Verona, in the state of New Jersey, in the United States. He started what is today the largest mutual fund company in the world. This isn't just the best book yet by Bogle, it may well be the best book ever on mutual funds." By clearly laying out the four dimensions of investing (risk, reward, time, cost), Bogle makes a strong case for avoiding high-cost, actively managed mutual funds or funds which have high turnover or high speculation. January 12, 2005 By Jonathan Ping 2 Comments. For everyone else, and that's most of you, you really ought to read this book. Since the first edition of Common Sense on Mutual Funds was published in 1999, much has changed, and no one is more aware of this than mutual fund pioneer John Bogle. With that being said, I don't think there is anything wrong with taking a small portion of your account and investing in a few stocks that you like and think will add value to your account. I now know that returns of different stock styles (growth/value, large cap/small cap) tend to even out over the long run. He wrote his thesis at Princeton on this fancy new investment structure, the mutual fund. Not a beginners guide to investing. A few tidbits: you can feel comfortable not owning foreign for a number of reasons including currency risk. True Measures of Money, Business, and Life, 2009. His parents lost their home and their entire inheritance. I found his arguments concerning owning foreign stock interesting. Praise for Common Sense on Mutual Funds "Invoking both Thomas Paine and Benjamin Graham, Jack Bogle outlines a supremely logical plan not only to better investors' returns, but to improve the whole fund industry. As he stresses: COSTS ARE FOREVER. Any reviews/ advice? I most highly recommend this book! Also he made an interesting argument that much of the business done by companies in the S&P 500 (for example) is foreign. Mutual funds are tailored to your preferred risk legels, usually a percentage mix of a range of stocks and treasury bonds. By using our Services or clicking I agree, you agree to our use of cookies. We're only looking at the top 39% of … Robo-advisors such as Wealthsimple have a 0.40% to 0.50% management fee. Even if you know the basics: invest for the long haul in super low cost funds indexed to major market indexes, there are certainly some more here that is practical. This book really provides the detailed background on how those rules came about, and not much more. The best books on mutual funds are written by John Bogle. The Little Book of Common Sense Investing, 2007. After 38 years, 3 out of 5 were gone. I am just starting out and would like to know the best way to get started! The pioneer in the area of low-cost funds, Bogle always beats the drum for the small investor and positions himself as Wall Street maverick tilting at the windmills of greed and avarice. Read-ers and clients often ask me to recommend a book on financial planning investing. Bogle likes to offer as complete an argument as he can for low cost index funds, and I personally found it quite a bit beyond what I was expecting. If you're not a super informed investor this is a really valuable book to read. Common Sense on Mutual Funds Another outstanding book by the founder and former CEO of Vanguard, Common Sense on Mutual Funds by John Bogle is essential reading for every investor. It contains strong arguments and ample data to support a strategy of constructing a long-term portfolio from low-cost index funds. Hello, I’m 30 years old and am thinking of investing in zvnbx. When I try to research mutual funds on Fidelity - I'm seeing there are ~200 funds that have growth higher than 30%. Instead, this is the book to read once you're underway and have some knowledge of what you're doing from his other more entry level books--or. John C. Bogle shares his extensive insights on investing in mutual funds. . Common Sense on Mutual Funds. A very thorough blueprint for the individual investor. Within each asset class, there are multiple categories. Instead, this is the book to read once you're underway and have some knowledge of what you're doing from his other more entry level books--or after you've started with the Boglehead's series. A true giant of the industry, Bogle was virtually the creator of index mutual funds and ETFs, and passive investing in general. He currently resides in New Jersey. Reading the newest version, the 10th anniversary edition, adds plentiful commentary, making this even longer. Bogle likes to offer as complete an argument as he can for low cost index funds, and I personally found it quite a bit beyond what I was expecting. Press J to jump to the feed. John Bogle is born in 1929, on May 8th. “Common Sense on Mutual Funds” by John Bogle is a substantial book. I will recommend this one.” — American entrepreneur who founded a successful mutual fund investment company called The Vanguard Group. A part-geek can pick and choose what to read and come out with a lot of great advice. Don’t Count on It!, 2011. But, you can still earn by investing in index funds. The Clash of the Cultures: Investment vs. I enjoyed the voice of the author. By clearly laying out the four dimensions of investing (risk, reward, time, cost), Bogle makes a. There are other short (comparatively) books on investing that follow Bogle's investing 'theology'. “Common Sense on Mutual Funds” by John Bogle is a substantial book. It may very well be the best book about mutual funds—which is important from the man who invented the index fund and founded The Vanguard Group—but I’d recommend it to the DIY investors that are trying to improve and learn a more. You have to be really geeky to read cover to cover. VGRO has a management fee of 0.22% and the MER is 0.25%. Smaller investors can buy Mawer’s standard retail Series A mutual funds (with a $5,000 minimum purchase) from discount brokers, and they can purchase Series F funds … Easy there John Bogle, save a few pats on your back for me! Mutual funds are typically safe investments IMO, and liquid. Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor, written by John Bogle, is a book advising investors about mutual funds, with a focus on the praise of index funds and the importance of having a long term strategy. There are other short (comparatively) books on investing that follow Bogle's investing 'theology'. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. Since the first edition of Common Sense on Mutual Funds was published in 1999, much has changed, and no one is more aware of this than mutual fund pioneer John Bogle. This is not the book to read if you're looking for a primer on investing or retirement planning that includes Bogle's philosphy. You should always diversify where you can and its unlikely you (or anyone on reddit) will have the skill to pick stocks that can consistently beat the index. Now and again, in Common Sense on Mutual Funds, Bogle reminds us that “common sense and simplicity are the keys to financial success…” A couple of quotes I highlighted while reading this book include: To earn the highest of returns that are realistically possible, you … Common Sense on Mutual Funds by John Bogle is a substantial book. Common Sense on Mutual Funds Summary provides a free book summary, key takeaways, review, best quotes and author biography of John C. Bogle’s book regarding mutual fund investment. A part-geek can pick and choose what to read and come out with a lot of great advice. 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