The Bogleheads' Guide to Investing

  Author:    Michael Leboeuf, Taylor Larimore, Mel Lindauer
  ISBN:    B000YHFVTO
  Sales Rank:    2475
  Published:    2006-01-03
  Publisher:    Wiley
  # Pages:    336
  Binding:    Kindle Edition
  Avg. Rating:    5.0 based on 59 reviews
  Used Offers:    0 from $9.99
  Amazon Price:    $9.99
  (Data above last updated:  2009-08-13 20:12:42 EST)
  
  
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The Bogleheads' Guide to Investing
  
The Bogleheads Guide to Investing is a slightly irreverent, straightforward guide to investing for everyone. The book offers sound, practical advice, no matter what your age or net worth. Bottomline, become a Boglehead and prosper! Originally just the chat-line ruminations of Boglehead founder Taylor Larimore, and Morningstar forum leading cohorts Mel Lindauer and Michael LeBoeuf, their trusted advice has been brewed and distilled into an easy-to-use, need-to-know, no frills guide to building up your own financial well-being so you can worry less and profit more from the investments you make. Invest like a Boglehead, and let their grassroots investment wisdom guide you down the path of long-term wealth creation and happiness, without all the worries and fuss of stock pickers and day traders. If you face a financial crisis or problem, or simply want to know what is prudent to do with the money you save, the Bogleheads will have the answers you need to help you gain your financial footing and keep it.
                  Reader Reviews 1 - 8 of 8                 
  
  
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07-20-09 5 1\1
(Hide Review...)  Great starting point for the new investor
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I will not write a detailed review since many smart readers have written excellent reviews on the book already. I will just add my experience reading the book.
- It is extremely well organized and written. There are small chapters on all the key investing topics without going too technical and overboard with terms that will confound the reader. Instead there are short technical pieces supplementing everyman-talk that makes it a fun read.
- I didn't write it wrong. It is actually a fun read. Before you know, like a nice fiction novel, you are more than half way through with the book and have actually learnt a lot in the process. Cant ask for more from a book on such a topic.
- I am fairly investing savvy but I still found this book to have a lot of good tips and information worth learning.

Highly recommended for the first time investor or anyone who wants to read "The One" book before jumping in.
(Review Data Last Updated: 2009-08-13 20:16:51 EST)
04-09-09 5 (NA)
(Hide Review...)  Bogleheads
Reviewer Permalink
Should be required reading for everyone. An excellent gift for a recent high school or college graduate.
(Review Data Last Updated: 2009-08-02 12:19:25 EST)
03-30-09 5 (NA)
(Hide Review...)  Valuable Book for Beginners
Reviewer Permalink
I think this book is a must have for beginners who need an understanding of different investment options. This is an easy read. It is written in a great way, using simple terms.
(Review Data Last Updated: 2009-05-31 08:05:30 EST)
02-26-09 5 (NA)
(Hide Review...)  Practical, common sense guide to investing!
Reviewer Permalink
This is a great book for those who need a refresher or are just getting started. The authors really seem to want to help you avoid making investing mistakes. Would recommend!
(Review Data Last Updated: 2009-05-31 08:05:30 EST)
01-11-09 5 (NA)
(Hide Review...)  Read it and stay the course
Reviewer Permalink
Outstanding book for those planning to execute their investment plans. This book makes for a perfect gift to families and friends. The bottom line on this fine book is to keep investing simple and to stay the course.
(Review Data Last Updated: 2009-05-31 08:05:30 EST)
12-31-08 5 (NA)
(Hide Review...)  A "Common Sense" Approach Confidence Builder
Reviewer Permalink
At first, I thought that this book seemed to be a bit short on text. However, after I read it, it said everything that needed to be said. Concepts were clearly explained with examples shown where appropriate.

This book is written independently of whether we're in a bull or bear market. It teaches you the basic principles of investing. Period. The point is not to beat the market, but to make a decent return. Stick to the guidelines in this book and you'll live comfortably in retirement.

The book teaches you about a lot of topics that aren't obvious to beginner investors, such as the many costs associated with running a mutual fund and its long term impacts on your investment's return.

It also gives guidance on how to handle retirement (how much do you need), putting your kid into college, and what to do when you win the lottery. Concepts normally discussed by financial planners are also included.

This book is a great confidence builder for me to do my own investing.

The book is written by supporters of John Bogle, the founder of The Vanguard Group. It does (somewhat) push Vanguard products, but that's about the only criticism I have.

I'd also recommend going to the Bogleheads' web site, but that's outside the scope of a book review.
(Review Data Last Updated: 2009-05-31 08:05:30 EST)
12-21-08 5 (NA)
(Hide Review...)  Excellent
Reviewer Permalink
In short, get it, it's a very helpful book.

I am fairly new to investing and felt that I was uncomfortable making choices as to what to choose as investments. This book gave me a great explanation of the many different choices to make in investing and how to go about them. This book actually covers more than just investing though, it touches on retirement and how to plan for it, wills, trusts, powers of attorney, insurance and a few other subjects that I felt were great topics and they covered well enough for me to understand, but didn't go into so much detail that I couldn't follow everything. In my honest opinion, every single school should be using this book and teaching kids about all the topics in here in 12th grade before they are released into the world. I've never read a book so fast in my life. In fact, I think that I did more reading in this book than I did in all of high school. It kept me interested and I don't feel that any of it was a waste of my time.

For more experienced investors, I could even see this being a great refresher on topics, and I know that in the future I will be referring back to it when making choices in the future.

(Review Data Last Updated: 2009-05-31 08:05:30 EST)
09-03-08 5 1\1
(Hide Review...)  A practical book charts a clear course
Reviewer Permalink
This book establishes a set of basic principles for investing and, to a lesser degree, personal finance. The authors propose the principles, explain them, illustrate them and show you how to apply them.

The book glances on non-investment personal finance topics including adopting a net worth mindset, emergency funds, estate planning, and insurance. The insurance chapter was very valuable and exposed several fallacious rationalizations people apply to insurance purchase decisions.

The meat of the book is investing. Investing is covered in great detail, including in-depth descriptions of various investments, how they work, and how (or if) you should use them. The coverage of the effect of taxes on your investments is detailed and invaluable. The costs of investing are examined, and when you know where to look, you may find some nasty surprises in your current investments, especially your 401k plan!

The entire book is highly opinionated, and I found that refreshing. The authors know what they're talking about, have a good idea of what the average person saving for retirement needs to do, and never fail to call it the way they see it. The writing style is fact-based advice, with humorous sayings sprinkled about, and is best described as "grandfatherly."

The chapter on behavioral economics was an eye-opener. I thought that I was smart enough not to fall for any of those traps. I smugly read through the first half of them, then recognized myself in "Paralysis by Analysis." Oh my. That gave me some food for thought, and a new outlook.

I did find the chapter on Asset Allocation to be lacking in practical advice. It only glanced on how to make an asset allocation for yourself, and didn't address the difficulties of balancing an asset allocation over multiple tax-advantaged accounts that have contribution limits and withdrawal penalties. (But there's a list of recommended reading in the back, and maybe one of those books will have more information on this topic.)

Having just finished the book, I'm going back through it and making a list of information I need and actions to take. I finally have a direction to go in, and not just more conflicting details!
(Review Data Last Updated: 2009-05-31 08:05:30 EST)
  
                  Reader Reviews 1 - 8 of 8                 
  
  
  
  
  
  

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