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

Reddit mentions of The Bogleheads' Guide to Investing

Sentiment score: 19
Reddit mentions: 34

We found 34 Reddit mentions of The Bogleheads' Guide to Investing. Here are the top ones.

The Bogleheads' Guide to Investing
Buying options
View on Amazon.com
or
    Features:
  • Hardcover Edition in VG Condition
Specs:
Height9.299194 Inches
Length6.200775 Inches
Number of items1
Weight1.24340715768 Pounds
Width1.118108 Inches

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

Shuffle: random products popular on Reddit

Found 34 comments on The Bogleheads' Guide to Investing:

u/bronyraur · 7 pointsr/Frugal

Agreed, rich dad blows. It's a complete joke along with most of the parents' book recs.

Edit: OP, in the spirit of being constructive I'm going to link you to one of my favorite investing books. It's written by one of the best contemporary value investors, Seth Klarman. Klarman, through his investment organization--The Baupost Group, has returned upwards of 20% annually for years. His 1991 book, "Margin of Safety", sells on Amazon and the like for $1500+.

Link to the Margin of Safety PDF

For a book about mutual funds you can do no better than "The Bogleheads Guide to Investing"

u/sylvan · 6 pointsr/personalfinance

Just a suggestion: maybe talk to him about setting up a passive investment portfolio, so that he'll be less tempted by get-rich-quick schemes?

http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0471730335

u/rocketwidget · 5 pointsr/AskReddit

You should put it in a well diversified, low expense ratio index fund, and don't touch it for years and years.

I like "The Bogleheads' Guide to Investing"
http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0471730335

u/pwnster · 5 pointsr/personalfinance

Great job on picking Vanguard, they have the lowest fees for index funds in the market!

First you need to figure out if you are more hands on and would want to pick and rebalance your funds manually, or you can do a target date fund (this would do all the work for you, you just pick the general target year you want to retire).

I want to refer you to the Bogglehead's wiki on "Lazy Portfolios", it has some great ones using all Vanguard funds since they are the low cost leader. http://www.bogleheads.org/wiki/Lazy_Portfolios However, I strongly recommend that you read the whole Boglehead's book on investing: http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0471730335

I didn't know much, just like you, not too long ago, and this book and there reasoning certainly opened my eyes on what it truly means to invest. Good luck and keep it simple. Trying to get to fancy is not worth the hassle, hence the term "Lazy Portfolio".

u/tmorton · 5 pointsr/personalfinance

The best investment you can make is education. This windfall is irrelevant in the grand scheme of things. If you're 38 without significant retirement savings, then you need to rethink your entire financial life. I would stash the money in a bank account and take a month or two with some good books and blogs.

For basic financial habits, I recommend Total Money Makeover. For investing and retirement planning, try The Boglehead's Guide to Investing

u/SwellsInMoisture · 4 pointsr/investing

You sound like the kind of person who wants to seek the performance of the market while reducing your overall risk, right? These people are known as "Bogleheads" after James Bogle. bogleheads.org is a great forum and will show you the way to do just that (while minimizing your tax exposure), as will The Bogleheads' Guide to Investing from the sidebar.

u/m1garand30064 · 3 pointsr/investing

You may want to try reading The Bogleheads' Guide to Investing. I've read the Intelligent investor and a Random Walk Down Wall Street over the past two months and I am currently reading Bogleheads. IMO Bogleheads is much easier to read and understand than Intelligent Investor and a Random Walk.

u/mrzulu · 3 pointsr/personalfinance

My goal when I started investing was to learn as much as I possibly could without spending a dime. This means not buying stocks or mutual funds immediately, but instead reading and understanding from people who have already done well. If you are unwilling to pick up a book at this stage, then you're going to make some costly mistakes down the road.

My advice: ignore the $2500 and go to the library. Below are my recommendations (taken from the /r/investing sidebar):

  • A Random Walk Down Wall Street by Burton G. Malkiel
  • The Warren Buffett Way by Robert G. Hagstrom
  • The Bogleheads' Guide to Investing by Larimore, Lindauer, LeBoeuf

    > My first (probably terrible) idea was when I noticed that apple shares fluctuate about 30 dollars a day on average. Even if I just had one share and sold high and bought low, 30 bucks a day is bathing in money when you're at school. I realize I'm probably missing something and it isn't that simple, but that's why I want to learn.

    This is pure speculation, not investing. Investing means long term (> 10 years) holdings that produce a consistent, reliable return (there is an ebb and flow, of course). Speculating is akin to gambling. If you want your money to work for you, investing is the course much more likely to accomplish that goal. If your goal is a quick buck, then you'll probably have better odds in Vegas than on Wall Street.
u/judgemebymyusername · 3 pointsr/personalfinance

Just do term life insurance. She's only trying to sell you on the cash value policy because it's a big money maker for her and her company.

Before pulling the trigger on the plan she gave you, invest $15 into this book. http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0471730335

Whole life insurance can make sense for those in certain positions. I have both a whole life and a term life policy. At your age you don't need a whole life.

Right now your primary concern is building an emergency fund, contributing to your 401k up to your employer match, and paying off your student loans.

u/madmartian · 3 pointsr/finance

Read this book:

http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0471730335

STAY OUT OF DEBT.
Do not fall into the stupid consumerist mind set by buying lots of shit you don't need on credit just to impress other people. LIVE BELOW YOUR MEANS. This is hard given all the bullshit in the media but it can be done. Think for yourself and become a saver not a debtor.


DON'T GO INTO DEBT FOR AN EXPENSIVE CAR.
Get a good used car and hold onto it. Car payments are sucky and will devour your money, and so will high insurance costs.


BEWARE STUDENT LOANS, THEY ARE EVIL AND CANNOT BE DISCHARGED IN BANKRUPTCY COURT. DO NOT GO INTO DEBT FOR FOR A SHITTY BASKET WEAVING DEGREE THAT WON'T GET YOU A JOB.
Also, beware of college altogether unless you are sure it can help you get ahead financially. Many people have stupidly gone into debt for useless degrees, don't be one of them. The government, banks and the colleges want you in debt for an education at all costs. It's good for their bottom line but it may not be for yours. Find a trade instead that will give you a dependable income and continued employment. If you want additional education then make sure you can pay for it without taking out loans. Beware of the "invest in yourself" bullshit that gets young people into HUGE amounts of student loan debt. Think carefully BEFORE you decide to go to college.

EMERGENCY FUND
Build an emergency fund of 1 - 2 years worth of expenses.

MUTUAL FUND INVESTING
Begin dollar cost averaging into low cost mutual funds (I prefer Vanguard's funds). Set up a Roth and/or SEP IRA as soon as you can. If you have a 401K only contribute up to the match your company gives you then max out the Roth since Roth IRAs aren't taxed at withdrawal.

Vanguard Personal Investing Site:
https://personal.vanguard.com/us/home?fromPage=portal

A simple portfolio should work well for you:

Vanguard Total Bond

Vanguard Total Stock

Vanguard Total International Stock

Keep your age in bonds (as you age you increase bonds and decrease stocks to lower risk) and the rest in stocks. Have 20 - 30 percent maximum in the foreign stocks fund.

Two other good funds that are balanced funds with a different investing approach are:

Vanguard Wellington

Vanguard Wellesely

INVESTING PORTFOLIO STATEMENT
Sit down and write an Investing Portfolio Statement that clearly outlines what you are invested in, what your goals are and why you are investing. Refer back to it when the market crashes and follow the instructions in the next paragraph when everybody is telling you to cash out of the market.

DON'T TRY TO TIME THE MARKET
Remember that time is on your side. DO NOT LISTEN TO EXPERTS WHO TELL YOU TO TAKE YOUR MONEY OUT OF THE MARKET. EVER. Bear markets are perfect for young people to get shares cheap. As the market crashes, you should be buying and cheering.

DO NOT PAY ATTENTION TO THE FINANCIAL PORN IN THE MEDIA.
Ignore the "experts" in the media who tell you to do this or that. Nobody knows anything. Remember that.

REINVEST DIVIDENDS AND CAPITAL GAINS
Your reinvested dividends and capital gains will continue to buy shares as the years go by, so every market crash is a great opportunity for you. Don't pass it up.

BOGLEHEADS FORUM
You will find a great, supportive investing community here: http://www.bogleheads.org/forum/index.php

GET A PRENUP IF YOU GET MARRIED
If you get married, GET A PRENUP. Know the divorce laws in your state and understand what will happen if you get divorced.

GOLD AND SILVER
It's not a bad idea to have 10% of your portfolio in gold and silver bullion, kept in a safe place (never tell anyone you have it) in your home. You can buy from Apmex.com. DO NOT PUT MONEY INTO GOLD AND SILVER ETFS. Buy gold and silver coins that you can tuck aside and keep as part of your larger portfolio.

u/pale_red_dot · 2 pointsr/AskReddit

In my opinion, there is no barrier to entry for investing. Yes, many mutual funds have minimums, but they are often in the $1k-$3k range. Sure you may not have that at the moment, but that's what savings is all about: thinking long term. Take a look at this book...

http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0471730335

It'll go over paying off any debt you have, creating an emergency fund, and investing with a focus on your Long Term goals. Also check out the forums at www.bogleheads.org. There's a wide range of people on there. Millionaires, college students, and published authors.

u/mentalbastille · 2 pointsr/books

I would recommend The Bogleheads' Guide to Investing It's incredibly detailed, and written by a handful of disciples of John Bogle, founder of Vanguard.

u/sbonds · 2 pointsr/personalfinance

You're off to a great start! Congrats!

Even though you're planning for long-term, I'd suggest a minimum of 10% in government bond funds (and 20% is likely better for starting out since it will help you avoid the temptation to flee the market when Bad Things inevitably happen.). Once you're comfortable with the rebalancing process in a year or so, you can reduce that down to 10% if you want.

One of the best things you can do is learn more. Here are some book suggestions for starting out with investing and asset allocation:

http://www.amazon.com/dp/1576603660/
http://www.amazon.com/dp/0071362363/
http://www.amazon.com/dp/0471730335/

These books describe the way to get a return higher than 60-70% of all investors out there, simply by not trying to beat everyone else... You'll never impress anyone at cocktail parties, but you will make an excellent return over time.

u/kernel_task · 2 pointsr/investing

Look, just learn to do it yourself. You don't need an advisor. Pick up this book: http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0471730335 Spend a few hours reading it. It'll help you make a plan that is supremely boring, easy, safe and no one will be making money off of your back.

You can also try the Bogleheads wiki for free information. That's where I started because I was too cheap to buy the book for awhile, but I don't think it's organized that well for beginners and the book is an easier form to absorb all the information you need in a shorter amount of time.

u/[deleted] · 2 pointsr/Frugal

Boggleheads is pretty great--pretty intuitive and comprehensive

And don't forget just Googling this stuff!

u/pentium4borg · 2 pointsr/personalfinance

> Before pulling the trigger on the plan she gave you, invest $15 into this book. http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0471730335

Better yet, get the book from your local library and put the $15 in your IRA instead.

u/shiftyjamo · 2 pointsr/PersonalFinanceCanada

You mentioned that you're married. My wife & I read Smart Couples Finish Rich when we were first married and found it very helpful. It's a good overview of all the major financial topics for a couple (financial planning, retirement, insurance, buying a home, etc). It doesn't go too deeply into any of them, so it's a pretty easy read. We read that book first then a couple of books that go into more detail on individual topics where we felt we needed more detail.

The Bogleheads' Guide to Investing was one of those other books and it was very helpful when setting up our retirement savings, investing, and planning for the future.

Finally, I found that I Will Teach You Too Be Rich by Ramit Sethi was also very good. It's aimed at people in their 20's & 30's so the style & tone of the book is very different from other finance books. It focuses on money management skills & systems. It also covers topics like negotiation that most other books don't mention very much.

u/kittkatt0 · 2 pointsr/investing

Here are the management expense ratios for your funds:

FCISX - 1.13%
FNICX - 1.83%
GTDDX - 1.47%
MEICX - 1.69%
SYVCX - 2.15%
THGCX - 1.99%

The average MER costs for mutual funds is ~1.5%

Its well known that in general that most mutual funds under perform the market. Personally I would just take the fee hit; get out of what you have; and become a boglehead.

u/xcrunna19 · 2 pointsr/portfolios

Just my 2 cents, but I would try to refinance that mortgage given today's rates. Almost six percent seems really high, you can get 3-4% depending on if it is a 10, 15, or 30 yr mortgage. The thing you would have to keep in mind is to get it lowers you would probably need the LTV to go to at least 80% maybe 75% to get the best rates (don't know the structure of what the marginal benefit is, don't work in loan mod/refinancing). So you would have to put an add'l 5-10% down which could be 4.5-9K down.

I also noticed that you didn't mention a roth/traditional ira. I would put the max (5K for 2011 and 5K for 2012) into these avenues. The roth / traditional ira debate is whether or not you believe that when you take out the contributions if you will be in a higher or lower tax bracket.

Also definitely take the employer match to the max. I do not know what you have to choose from in your 403(b), but definitely choose the route of indexing. Active funds have too much performance chasing involved and 2/3s of actively managed funds are beating by index funds each year. The ones that beat the index funds over a 10yr period shrinks even further

If higher then do the Roth IRA, if lower then do the traditional IRA. If you choose the traditional IRA make sure that you include it on your taxes. If you already filed your taxes file an amendment to your taxes to reap the benefits.

My personal choice for choosing an IRA is Vanguard, but it depends what you will be using the IRA for. If you do not wish to invest in Vanguard funds it might be better to shop around for a better IRA. I personally have an IRA with Vanguard and think they are a great co.

Make sure that when you open the IRA to take advantage of the tax advantaged space. Meaning the Bonds and Real Estate portion of your investment portfolio that you want to invest is in this location. REITs/Bonds are not great for tax advantaged space because you have to pay for the distributions.

When you say the 15% gtd do you mean like I-Bonds/savings EE bonds. These can be purchased through the Treasurydirect.gov website. They have the full faith and credit of the US gov't so they are as close as gtd as you are going to get in investing.

The 64% equities is a little vague. If you want to be simple you can simply invest in X% of your equity portion in vanguard total stock market index (VTSMX) and X% of your equity portion in vanguard total international market index (VGTSX). Misnamed helped me out when setting up my portfolio and is a very useful asset to this forum.

He led me on the path that since you are tilted currently towards the U.S. (ie your job, house, car, etc) you should not be so heavily concentrated on domestic stocks. An even 50% domestic, 50% int'l breakdown of equities will help to protect you from the downside of the U.S. markets.

Since Real estate acts more like a stock your overall allocation above would be more like 73% stock 27% fixed income imo (and that's giving you the benefit that the 15% gtd portion is fixed income, could be labelled as cash depending on how you invest it). Generally a decent rule of thumb is are you willing to lose 50% of your equity value in a year. If not you are too much invested in stocks. This is not a conservative/moderate conservative approach to be honest. I am currently 75/25 and consider my portfolio very aggressive.

A good book to read is The Boglehead's Guide to Investing if you want to learn more about asset allocation etc.

TL;DR Refinance mortgage, contribute to IRA, do employer match to the match with your 403(b), make sure to use tax advantaged space correctly, and possibly modify your allocation.

u/RustyX · 2 pointsr/Frugal

I was going to recommend the book The Bogleheads' Guide to Investing. I just finished reading it, and it really has changed my outlook on investing in general.

prozaconstilts pointed out The Boglehead's Guide to Retirement, which may be even better for your purposes, though I definitely recommend the book I linked.

u/calcium · 2 pointsr/Frugal

Lots of good information in this post here. Want some real advise?

Put your money where your mouth is and instead of paying someone to 'manage' your money, do it yourself. Find a copy of Boglehead's Guide To Investing and read it cover to cover. It gives a great overview on the in's and out's of investing your own money. If you find yourself still eager to find a financial planner after reading the book, you'll know what to ask about since the book has a chapter on that.

u/slyde56 · 2 pointsr/personalfinance

I'm not the guy I believe you're replying to, but I think that /u/nullstring means that once you have a job with a 401k, you'll need to reevaluate which (Roth or 401k) you'll max out first.

This book comes highly recommended here and elsewhere if you're interested in learning more.

http://www.amazon.com/dp/0471730335 (second edition here http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/1118921283)

Feel free to pm me if you want.

edit: added second edition

u/zomb_l · 2 pointsr/gaming

Read The Bogleheads' Guide to Investing. Very easy for the average person to read. Even as a "pro", I couldn't recommend a book or strategy more highly.

u/FacelessBureaucrat · 2 pointsr/personalfinance

If that appeals to you, browse around the wiki and forum... the experts there are extremely helpful. They also put together a book that goes through all the basics.

I've tried many different investing strategies, but it really is the most sensible one for the long run.

u/canaznguitar · 2 pointsr/investing

http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0471730335

If you're not looking to get into micromanaging funds and making risky investments, use this book. Depending on how old you are, the options presented might be just the amount of risk you should be taking.

u/AceTracer · 2 pointsr/Portland

Credit card companies get ~3% off everything you spend on their card. So of course they're going to keep letting you do it. If you spend $10,000 on something and use a credit card, that merchant has to give the credit card company around $300. Interest and annual fees are just icing on the profit cake.

That's why you have things like 1-3% cashback cards; they're sharing that percentage with you in some cases, but still mostly keeping it for themselves. I buy everything with credit cards and sign up for new ones all the time, because I get tons of miles/points doing so. I don't overspend, and I never pay interest, and I've earned over 260,000 miles/points so far. I value each mile/point at 2-5 cents.

As far as what to do with your investments; there is a bunch of research available online. I'll again suggest The Bogleheads Guide to Investing as a primer for this sort of thing. There is also the Bogleheads wiki. Morningstar has tons of information on virtually every fund, but you need to know what you're looking at so read the book first to learn things like expense ratios, R-squared, and standard deviation.

As far as investing in things that match your value system, you could invest in local government bonds, which is very beneficial for tax purposes and usually a good, safe investment in your local community, but I wouldn't worry too much about it overall. Investing in any one sector or specific group of companies is never a good idea. You should be investing in index funds, i.e. the whole market. No one, over the long term, has ever beaten the market as a whole. Yes, you'll own a little bit of all the horrible companies, but it's the safest bet for your future and that's not something you really wanna screw around with.

More important than what specific funds you should invest in is at what percentages, i.e. your "asset allocation". I won't go into it in too much detail on this, read the book above for more information, but a popular rule of thumb is to invest your age (e.g. if you're 30, invest 30%) in bonds, and the rest in stocks. As you get older, you change that asset allocation to match your age. If you want to make it super easy, most investment firms have "target retirement funds" that do all the work for you. Most 401ks offer such funds, and you're probably already subscribed to one. It's a safe bet to stick with that.

tl;dr: banks get money whenever you use your card. invest in whole market index funds.

u/uwjames · 1 pointr/investing

The goal of being a prudent investor is a good one. But I think you are starting in the wrong sub. I would go to r/personalfinance and work your way through everything that seems relevant in the sidebar. Want to get basics such as emergency fund, budgeting, financial goals, and basic investing knowledge down before you start throwing money around on the stock market. Also recommend you read this book: Bogleheads guide to investing before you start tossing money into the game. That book advocates a more cautious approach, and even if you are more risk tolerant i think it's a good idea to understand what the safer plays are.

u/zorts · 1 pointr/investing

Oh, by the way, there are not my ideas. They come from a combination of the ideas found in Bogleheads Guide to Investing, The Intelligent Investor (where I learn how much time it takes to understand companies you want to invest in), and my own 6 month advising practice.

u/HugeTractsOfLand · 1 pointr/personalfinance

Be careful with his investing advice. His general steps are awesome, but his actual investing advice doesn't make a lot of sense. If it's investing you want, read the Bogleheads Guide to Investing to start.

u/Aliril · 1 pointr/personalfinance

Read The Bogleheads' Guide to Investing.

www.amazon.com/dp/0471730335?tag=bogleheadswiki-20

Watch

www.bogleheads.org/wiki/Video:Bogleheads®_investment_philosophy

u/Shinyreddit · 1 pointr/Frugal

I am not a financial advisor or anything of the sort and this is all my opinion.

Before you do anything... READ.

This will take awhile to get comfortable with and organized but it will benefit you more then you can imagine. Being as young as you are and starting now is hugely beneficial. Please do this as it will benefit you for the rest of your life if your serious about it now.


I would recommend either (get it at your library)
Bogleheads Guide To Investing or Common Sense on Mutual Funds as an easy book to get started with. However, there are many others that can be just as good.

If you are serious you should not see an advisor. This is something you and almost everyone can do yourself.

Investing in index funds is the simplest and arguably the best way to save money. The books above explain this very well. Don't worry about stock picking or anything stressful as that is often a fools errand. Good investing is highly automated and only requires patience and persistence.

As for your questions.
Compound interest is not a type of account. It is the idea of earning interest on the interest you have already earned in the previous years.

What you should do is read, starting with the book mentioned above (get it at your library).

A Roth IRA is an investment vehicle for retirement, not any specific type of investment.
A Roth IRA is very practical and until you have a 401k(another type of investment vehicle) you should be putting all your money that you intent to save, up to $5,000 a year into it.
While as soon as you read retirement you may thing its not for you, starting to save now will put you incredibly far ahead of your peers during all parts of life.

Sorry to be so vague but the books I mention above will explain everything far better then I can here. As I said if you are at all serious PLEASE read one.

u/ThisIsAStickUp · 1 pointr/investing

I don't wan't to bother with day trading. I picked up the The Bogleheads' Guide to Investing and I want to follow the whole long term idea. Maybe one day I'll get involved with specific companies stock, but for now I don't want to even think about it.

u/ihaveacalculator · 1 pointr/personalfinance

Check out this book: http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0471730335



It has a lot of great advice by fans of John Bogle, based on his experience and theories as founder of Vanguard