The Bogleheads' Guide to Investing: Edition 2

Mel Lindauer · Taylor Larimore · Michael LeBoeuf

Aug 2014 · Sold by John Wiley & Sons

About this ebook

The irreverent guide to investing, Boglehead style

The Boglehead's Guide to Investing is a DIY handbook that espouses the sage investment wisdom of John C. Bogle. This witty and wonderful book offers contrarian advice that provides the first step on the road to investment success, illustrating how relying on typical "common sense" promoted by Wall Street is destined to leave you poorer. This updated edition includes new information on backdoor Roth IRAs and ETFs as mainstream buy and hold investments, estate taxes and gifting, plus changes to the laws regarding Traditional and Roth IRAs, and 401k and 403b retirement plans. With warnings and principles both precisely accurate and grandly counterintuitive, the Boglehead authors show how beating the market is a zero-sum game.

Investing can be simple, but it's certainly not simplistic. Over the course of twenty years, the followers of John C. Bogle have evolved from a loose association of investors to a major force with the largest and most active non-commercial financial forum on the Internet. The Boglehead's Guide to Investing brings that communication to you with comprehensive guidance to the investment prowess on display at Bogleheads.org. You'll learn how to craft your own investment strategy using the Bogle-proven methods that have worked for thousands of investors, and how to:

• Choose a sound financial lifestyle and diversify your portfolio
• Start early, invest regularly, and know what you're buying
• Preserve your buying power, keeping costs and taxes low
• Throw out the "good" advice promoted by Wall Street that leads to investment failure

Financial markets are essentially closed systems in which one's gain garners another's loss. Investors looking for a roadmap to successfully navigating these choppy waters long-term will find expert guidance, sound advice, and a little irreverent humor in The Boglehead's Guide to Investing.

Ratings and reviews

Not to be read in the traditional sense. Should go to each chapter and review your current situation, make any necessary changes and go to the next. There's a lot I didn't think about in my life planning that I've started to review. Would have been great to read when I was younger, before making certain decisions.

Anyone who uses money would greatly benefit from reading this book. Don't let the obscure title put you off, I have personally recommended it to a dozen people

Very good read, with many things to think about for a secure future.

About the author

MEL LINDAUER, CFS, WMS, was dubbed “The Prince of the Bogleheads” by Jack Bogle. A Forbes.com columnist, he’s one of the leaders of the Bogleheads community.

TAYLOR LARIMORE, CCL, has been dubbed by Money magazine as “the Dean of the Vanguard Diehards” and John (Jack) Bogle himself calls Taylor “The King of the Bogleheads.”

MICHAEL LEBOEUF, PHD, is an internationally published author, business consultant, and professor emeritus who taught Management at The University of New Orleans.