Download The Little Book of Common Sense Investing PDF

2017
Title The Little Book of Common Sense Investing
Authors
Genres Personal Finance Investment & Securities Finance Books
Publisher John Wiley & Sons
ISBN 9781119404507
The best-selling investing "bible" offers new information, new insights, and new perspectives 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. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500. While the stock market has tumbled and then soared since the first edition of Little Book of Common Sense was published in April 2007, Bogle’s investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor. Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing. A portfolio focused on index funds is the only investment that effectively guarantees your fair share of stock market returns. This strategy is favored by Warren Buffett, who said this about Bogle: “If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds. . . . Today, however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me.” Bogle shows you how to make index investing work for you and help you achieve your financial goals, and finds support from some of the world's best financial minds: not only Warren Buffett, but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale’s David Swensen, Cliff Asness of AQR, and many others. This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future. Build a broadly diversified, low-cost portfolio without the risks of individual stocks, manager selection, or sector rotation. Forget the fads and marketing hype, and focus on what works in the real world. Understand that stock returns are generated by three sources (dividend yield, earnings growth, and change in market valuation) in order to establish rational expectations for stock returns over the coming decade. Recognize that in the long run, business reality trumps market expectations. Learn how to harness the magic of compounding returns while avoiding the tyranny of compounding costs. While index investing allows you to sit back and let the market do the work for you, too many investors trade frantically, turning a winner’s game into a loser’s game. The Little Book of Common Sense Investing is a solid guidebook to your financial future.
More Books You May Like
Raft of Stars by Andrew J. Graff
Raft of Stars by Andrew J. Graff
Andrew J. Graff

The further you run the closer you get to the truth... An instant classic for fans of Where the Crawdads Sing and We Be...

Magic Lessons
Magic Lessons
Alice Hoffman

In an unforgettable novel that traces a centuries-old curse to its source, beloved author Alice Hoffman unveils the stor...

Scandal in Spring (Wallflowers #4)
Scandal in Spring (Wallflowers #4)
Lisa Kleypas

"I want you to do everything you've ever imagined doing with me…" With those scandalous words, Daisy Bowman, the sole ...

Diary of a Wimpy Kid: The Long Haul (Book 9)
Diary of a Wimpy Kid: The Long Haul (Book 9)
Jeff Kinney

THE ONE WITH THE FAMILY ROAD TRIP The ninth laugh-out-loud, fully-illustrated Diary of a Wimpy Kid book from #1 interna...

The Choice: Embrace the Possible
The Choice: Embrace the Possible
Edith Eva Eger

A New York Times Bestseller “I’ll be forever changed by Dr. Eger’s story…The Choice is a reminder of what courag...

Bushcraft 101 by Dave Canterbury
Bushcraft 101 by Dave Canterbury
Dave Canterbury

“With advice on not just getting along, but truly reconnecting with the great outdoors, Dave Canterbury’s treasure t...

The Princess Will Save You
The Princess Will Save You
Sarah Henning

The Princess Will Save You is a YA fantasy adventure inspired by The Princess Bride, in which a princess must rescue her...