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 "e;common sense"e; 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 "e;good"e; 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.

The irreverent guide to investing, Boglehead styleThe 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 failureFinancial 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.

Acknowledgments xiiiForeword by John C. Bogle xvIntroduction xxiiiPart I Essentials Of Successful InvestingChapter 1 Choose A Sound Financial Lifestyle 3Chapter 2 Start Early And Invest Regularly 13Chapter 3 Know What You're Buying: Part One 25Chapter 4 Know What You're Buying: Part Two 39Chapter 5 Preserve Your Buying Power With Inflation-Protected Bonds 49Chapter 6 How Much Do You Need To Save? 63Chapter 7 Keep It Simple 75Chapter 8 Asset Allocation 89Chapter 9 Costs Matter 109Chapter 10 Taxes: Part One 119Chapter 11 Taxes: Part Two 131Chapter 12 Diversification 143Chapter 13 Performance Chasing And Market Timing Are Hazardous To Your Wealth 153Chapter 14 Savvy Ways To Invest For College 169Chapter 15 How To Manage A Windfall Successfully 179Chapter 16 Do You Need An Advisor? 187Part II Follow-Through Strategies To Keep You On TargetChapter 17 Track Your Progress And Rebalance When Necessary 199Chapter 18 Tune Out The "Noise" 211Chapter 19 Mastering Your Investments Means Mastering Your Emotions 223Chapter 20 Making Your Money Last Longer Than You Do 235Chapter 21 Protect Your Assets By Being Well-Insured 243Chapter 22 Passing It On When You Pass On 257Chapter 23 You Can Do It 265AppendicesAppendix I: Glossary Of Financial Terms 273Appendix II: Books We Recommend 279Appendix III: Financial Websites We Recommend 283Appendix IV: Vanguard Asset Allocation Questionnaire And Pie Charts 287About The Authors 293Index 295