#64 in Business & money books
Use arrows to jump to the previous/next product

Reddit mentions of The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)

Sentiment score: 14
Reddit mentions: 27

We found 27 Reddit mentions of The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits). Here are the top ones.

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)
Buying options
View on Amazon.com
or
    Features:
  • Comes with secure packaging
  • Easy to read text
  • It can be a gift option
Specs:
Height6.799199 Inches
Length5.200777 Inches
Number of items1
Release dateOctober 2017
Weight0.73634395508 Pounds
Width1.200785 Inches

idea-bulb Interested in what Redditors like? Check out our Shuffle feature

Shuffle: random products popular on Reddit

Found 27 comments on The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits):

u/lobster_johnson · 1391 pointsr/personalfinance

The Bogleheads' Guide to Investing by Taylor Larimore is a great introduction to investing. It might look silly, but it's not a silly book.

It's intended for "normal people" with no background in economics. It explains the basics of the stock market, funds, ETFs, bonds, etc., as well as the basics of investment — risk management, compound returns, value investing/fundamental analysis, etc. — in simple, understandable terms.

"Boglehead" is a humorous term for people who espouse the investing philosophy of John C. Bogle, founder of Vanguard — the largest and most consumer-friendly provider of mutual funds in the U.S. — and creator of the first commercially available index fund. Bogleheads usually recommend a simple "three-fund portfolio" as a diversification strategy, based on the idea that index funds by design will, over time, give non-professionals the best returns, as opposed to individual stock picking.

Bogle himself wrote a bunch of books. The Little Book of Common Sense Investing is supposed to be great.

u/DarthSaver · 42 pointsr/financialindependence
  1. Thank you for sharing your personal story.
  2. Never be ashamed of being ignorant. We are all ignorant about many things.
  3. Admitting ignorance is a power that many people lack. It is also the first big step towards learning. This is a super power that will propel you forward.
  4. The majority of normal, everyday people, do not know the first thing about investing. Not knowing anything about investing is average. You are now confronting this. That makes you above average.
  5. Start with these two books to learn about investing: The Simple Path to Wealth by JL Collins and The Little Book of Common Sense Investing by John Bogle.
  6. Not exactly investing related but just in case you don't already know about it, you should read this too.
  7. Congratulations on your daughter.
  8. Congratulations on living a full and dynamic life where you are able to confront your fears and admit mistakes, even when the extenuating circumstances around your mistakes aren't your fault. Congratulations on being able to learn change and fight for your family and a better life.
u/ricardomcm · 19 pointsr/portugal

Faço investimentos à varios anos, my 2 cents:

u/DarkoGear92 · 9 pointsr/financialindependence

Read this, my friend: https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/ref=sr_1_1?keywords=bogle&qid=1551396236&s=gateway&sr=8-1

Or just put it into a low fee (typically Vanguard) index based on the S&P 500. You can also put some in a bond index.

u/rabidstoat · 9 pointsr/povertyfinance

Also broad index funds are unmanaged funds, so you're not paying anyone on Wall Street to pick the stocks. If you buy something like a broad index fund based on the S&P 500 the stocks are picked. You don't pay someone. All you pay is a very tiny amount for keeping track of the money.

There are other mutual funds that are managed, which means Wall Street types try to 'beat the market' by picking the winning stocks and knowing when to buy and sell them. Problem is, you have to pay that person, it's part of the fund management cost. And it's actually pretty rare (forget the numbers in a study I just read but it was like 10% over a 5-year period) for managed funds to beat the market once you take out those fees. So you're still trying to get lucky there.

For anyone interested in reading about broad index funds from an admittedly biased view of a heavy proponent, I suggest reading The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by John Bogle, he updated it last year and it's a very easy-to-follow explanation of the benefits of index funds and not too horribly long.

u/XacTactX · 7 pointsr/investing
  • A John Bogle Indexing Book or any book that covers indexing and why its more prudent than active management. I know this isn't what you asked, but the rest of the points on my list will fall apart without a solid foundation.

  • Index Fund Advisors website For an introduction to both indexing and academic investment factors. An absolute ton of videos and articles, and even a Risk Capacity survey (if you fill out the survey, they will email you about wealth management, but there is a ton of free information on the site).

  • Paul Merriman's website for factor based investment strategies and portfolios. He also has a weekly podcast.

  • Larry Swedroe's website and his books for more factor-based investment advice. My favorite book is this one

  • Vanguard video webcasts for coverage on a myriad of investing, economic, and financial planning topics, with CFAs, CFPs, and other professionals.
u/jopejosh · 5 pointsr/FinancialPlanning

Deeply sorry for your loss. I received some advice as a young man about windfalls that I’ll share with you.

Forget about the money for a year. Open a separate bank account that you won’t see and live like it isn’t there. The lost income from investments for one year will be insignificant compared to the cost of a hurried misstep.

In a year with a clear head and a strong heart educate yourself about different investment philosophies and see which ones resonate with you. Investing is very personal and there isn’t one right answer.

There isn’t a right answer, but be wary of the salesmen. All the money / wealth managers are well compensated for their advice and there are many ways they hide their fees and take advantage of their clients (even fiduciaries). If you’re considering enlisting a professional, a robotic trader like https://www.wealthfront.com/ or https://intelligent.schwab.com/ will serve you just as well with lower fees. If you do decide to enlist an advisor to help formulate a financial plan for you, find a fee-based advisor who you can pay once every few years to update the plan.

Here are a few books that were helpful to me in developing my investment philosophy that allowed me to retire in my early thirties.

Bogleheads / Vanguard Index Funds
https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509

The Richest Man in Babylon (investing philosophy)
https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111

Dave Ramsey / Personal Finance
https://www.amazon.com/Total-Money-Makeover-Financial-Fitness/dp/159555078X

Tax-Free Wealth - Tom Wheelwright / How investments affect your taxes
https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058

Where are the Customer’s Yachts
https://www.amazon.com/Where-Are-Customers-Yachts-Street/dp/0471770892

u/zpenacho · 3 pointsr/personalfinance

If you're making $500k/week ($500*52 =$26k) you can contribute the max to your Roth IRA of $5500 since you made over $5500. If you also made at least $5500 in 2017 you could do the same for 2017 and 2018 for a total of $11k. Your biggest enemy is going to be taxes, shelter the $ as much as possible.

Find a fee-only financial adviser to help you come up with a plan - no % unless you have no desire to manage your investments. If you don't have any desire to learn about finance then search for a reputable adviser to manage the money. I've heard good things about Northern Trust.

Read this book: https://www.amazon.com/gp/aw/d/1119404509/ref=dp_ob_neva_mobile

u/SDSunDiego · 3 pointsr/investing

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits) - Jack Bogle - Vanguard Founder. No gimmicks. Simple, low-cost, and passive indexing for buy and hold investors.

One Up On Wall Street: How To Use What You Already Know To Make Money In The Market Peter Lynch was a fund manager of one of the most successful actively managed funds. Active investing. Buy companies that are really successful at getting you to buy their product. Observe the world around you type of investing.

u/NjalBorgeirsson · 3 pointsr/artofmanliness

I graduated 5 years ago. I have done quite well on the career and finance side so I'll keep my advice to those areas. Here's a 4 section summary of the basics you need to learn to be financially successful

Saving

  • For saving, take out a set % of your paycheck and put it aside. Do this before ANY other spending or payments. Because of compounding (aka exponential growth of money) and inflation, saving now is several orders of magnitude more valuable than saving later. I would put aside at least 25% of your take-home pay, probably more. This will force you to be frugal (or budget wisely if you aren't frugal) and is the single most important thing you can do to ensure your financial future.
  • With the money you put aside, direct it first to savings so you have at least a month of living expenses, then to any debt you're delinquent on. Then contribute to get 401k matching from your company (see below). Then to savings until you have 3-6 months of living expenses saved. Then pay down any debt with an interest rate over 5%. After that, keep paying any debt and begin to save for retirement.
  • When you save for retirement, first contribute to get all the 401k matching your company offers. Then contribute to an IRA (do a Roth until your tax bracket is over 25%). Finally contribute more to your 401k or a regular brokerage account

    Investing

  • What to read to understand Personal Finance A lot of personal finance is common sense once you know a few basic principles. The best book for communicating these is The Richest Man in Babylon. However, it was written in the late 1800s and consequently has phraseology that is very dated. I've been looking for a better book to explain the concepts but haven't found one yet. Once you read this, or something similar, you aren't done but it will give you a framework to understand things, so when you google for information you will know how to read it.
  • What to read to understand investing For investing, reading The Little Book of Common Sense Investing is probably the best bet out there for a quick understanding of what you should be looking at buying. Bogle doesn't like international stocks, but most financial advisors do, and the standard recommendation is 25-50% of your portfolio should be international. Otherwise its a good book. Unless you want to devote a lot of time to learning to invest, I would avoid picking individual stocks. Even if you plan on going with a financial advisor this is worth a read so you can spot the grossly incompetent ones.
  • Things are not nearly as simple in the real world as these two books would have you believe, but they are excellent at generalizing suggestions for navigating the real world. If you follow their advice (with the international asset allocation above) you can largely go through life blissfully ignorant of the details and be fine.

    Who to get advice from and who to avoid

  • The vast majority of the benefit of financial advisors is convincing their clients not to pull their money out of the market at a bad time when they are scared (ie in a recession). If you can avoid this (be honest with yourself, the vast majority of people can't) and you are willing to research financial topics from time to time, you can skip having a financial planner.
  • If you do get a financial planner, make sure you get a planner who charges you a fee. The "free" ones are paid through kickbacks on the products you buy. These advisors have a fiduciary responsibility to the products they sell. The fee-only advisors have a fiduciary responsibility to you. Good products sell themselves, bad products need financial advisors to sell them. 1% or less is a reasonable fee. Over that is not worth it in my book.
  • Avoid anyone who promises you returns higher than you could get elsewhere. Not only is most discussing/advertising of anything suggesting future returns illegal, its a telltale sign of a scam. Not all of them are, but the odds are high enough I'd skip them entirely.

    Jobs

  • Your first job out of school is going to be the hardest. Given that you have no full-time real world work experience, your value comes mostly in the form of soft skills, lower pay and a willingness to learn. The best way to showcase the first and last of those is through networking. This is how I got my first job and I would highly recommend it. (for what its worth, I am incredibly introverted and still pulled it off)
  • Find work that you enjoy but pays well. Having money won't make you happy, but not having it will sure make you sad.
u/CEZ3 · 3 pointsr/personalfinance

Bogle-heads is a fantastic source of financial information

Vanguard is my go-to investment company.

A Random Walk Down Wall Street

The Little Book of Common Sense Investing

u/essmac · 2 pointsr/investing

I just started reading A Random Walk Down Wall Street by Burton Malkel (latest edition is 2019), and it's pretty good so far. I've also seen several recommendations for John Bogle's The Little Book of Common Sense Investing, though I haven't read it yet.

There are also free courses on Coursera to get your feet wet (e.g. Robert Shiller's Financial Markets class, Yale Unv). These aren't always designed for your everyday retirement investor, but Shiller's course is still really informative.

u/FliesLikeABrick · 2 pointsr/therewasanattempt

there are 3-4 books that I keep at least 2 copies on-hand of, because they are informative and I like giving them to people with no expectation of giving them back.

Ok this sounds like I am talking about religious texts - they aren't. They are:

- Normal Accidents: Living with High-Risk Technologies

- The Checklist Manifesto: How to Get Things Right

- The Bogleheads' Guide to Investing

- The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)

​

The first two are must-reads for engineers working in any kind of system, be it computers, electronics, mechanical, or people systems (project management, etc)

​

The last 2 I tend to recommend to people who think that reasonable investment awareness and decisions requires a lot of specialized knowledge and attention

u/rocketsolid · 2 pointsr/investimentos

Bogle é o fundador da Vanguard. Recomendo o The Little Book of Common Sense Investing. Ele é um ávido defensor de index funds. O livro é interessante porque é bem recente (última edição é do começo deste ano) e portanto atualizado, porém o livro trata o mercado de forma bem conservadora e olhando no longo prazo.

E se não me falha minha menória nos detalhes da história, Bogle foi o cara que na década de 70 pôs em prática a teoria de Graham criando o primeiro index fund do mundo, o Vanguard 500.

u/CautiousInvestor · 2 pointsr/financialindependence

Very boring Boglehead-style portfolio: most of my portfolio is VTI, the rest is VSS, with a bit of VNQ and VNQI. Besides that I have an emergency fund of about $100k split between VMFXX and BND.

To get to this style of investing, I really recommend The Little Book of Common Sense Investing.

u/risk_parity · 1 pointr/personalfinance

Try to target 6-12 months of living expenses. Call this your emergency fund.

Do you have any debt? Pay that off next.

Third, try to invest money in tax advantaged spaces, (IRA, Roth IRA, 401k).

Plenty of good books out there on investing and personal finance. I favor the book below:

The Index Card

Why Personal Finance Doesn't Have to Be Complicated
https://www.amazon.com/Index-Card-Personal-Finance-Complicated/dp/1591847680

​

The Little Book of Common Sense Investing
www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509

u/quantum_dog · 1 pointr/CanadianInvestor

Checkout The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns https://www.amazon.ca/dp/1119404509/ref=cm_sw_r_cp_apa_i_nT6OCbTN24GQM

u/Alecomia · 1 pointr/PKA

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits) https://www.amazon.com/dp/1119404509/ref=cm_sw_r_cp_api_ByPPAbFVPT2WB

u/groovy94 · 1 pointr/personalfinance

There is an ever-growing mountain of evidence that investing in passive, low-cost index funds is far superior to using actively managed funds or choosing stocks on your own.

Spend a few bucks and a few hours on a book like this and it could literally save you a million dollars over your lifetime.

https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/ref=sr_1_1?ie=UTF8&qid=1521049131&sr=8-1&keywords=index+investing&dpID=51D4omHI-gL&preST=_SY291_BO1,204,203,200_QL40_&dpSrc=srch

u/BIGHONKTOOT · 1 pointr/investing

Assuming you're newer to the topic--or else why else would you be asking for books to understand it--I would start with one of "The Little Book of..."

I recommend for value investing types: https://www.amazon.com/dp/0470624159/ref=cm_sw_r_cp_apa_ZmsUBbTG4X8NJ

And index investing types: https://www.amazon.com/dp/1119404509/ref=cm_sw_r_cp_apa_1psUBbBD9SS81

u/aleph-naught · 1 pointr/Amd

The best bet is to look into/dump money into a mutual fund--e.g. Vanguard, which holds the most shares of AMD at the moment. John Bogle (who founded Vanguard and pioneered the idea of mutual funds), wrote a nice little book about how to invest that I highly recommend.

u/CrustyBloke · 1 pointr/personalfinance

Is there any way you can get a cheaper apartment? You make good money and can afford it, but that's still too much to spend on rent, imo.

Also, yes you should max out your 401k. You can put in 19k per year (not including your employer match). So do that and it's like you now have a 86k/year salary and you're getting the best possible jump start on your retirement savings.

Also, I would buy and ready this book: https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/

u/JoRads · 0 pointsr/Finanzen

Vielleicht mal Eigeninitiative zeigen und etwas lesen?

​

Zum Beispiel das hier:

https://www.amazon.de/Little-Book-Common-Sense-Investing/dp/1119404509/ref=dp_ob_title_bk