08-21-2022, 08:28 AM
![[Image: little-book-of-common-sense-investing.jpg]](https://i.ibb.co/k6LP41R/little-book-of-common-sense-investing.jpg)
Investing is all about common sense.
Owning a diversified portfolio of stocks and holding it for the long term is a winner’s game.
Trying to beat the stock market is theoretically a zero-sum game (for every winner, there
must be a loser), but after the substantial costs of investing are deducted, it becomes
a loser’s game.
Common sense tells us—and history confirms—that the simplest and most efficient investment
strategy is to buy and hold all of the nation’s publicly held businesses at very low cost.
The classic index fund that owns this market portfolio is the only investment that guarantees
you with your fair share of stock market returns.
To learn how to make index investing work for you, there’s no better mentor than legendary
mutual fund industry veteran John C. Bogle.
Over the course of his long career, Bogle—founder of the Vanguard Group and creator of the
world’s first index mutual fund—has relied primarily on index investing to help Vanguard’s clients
build substantial wealth.
Now, with The Little Book of Common Sense Investing, he wants to help you do the same.
Filled with in-depth insights and practical advice, The Little Book of Common Sense Investing will
show you how to incorporate this proven investment strategy into your portfolio.
It will also change the very way you think about investing. Successful investing is not easy.
(It requires discipline and patience.) But it is simple.
For it’s all about common sense.With The Little Book of Common Sense Investing as your guide,
you’ll discover how to make investing a winner’s game:
- Why business reality—dividend yields and earnings growth—is more important than market expectations
- How to overcome the powerful impact of investment costs, taxes, and inflation
- How the magic of compounding returns is overwhelmed by the tyranny of compounding costs
- How to overcome the powerful impact of investment costs, taxes, and inflation
- How the magic of compounding returns is overwhelmed by the tyranny of compounding costs
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.
Bogle shows you how to make index investing work for you and help you achieve your
financial goals.
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.
Download here
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Stay well mates!
Kindest regards,
eBizmoney
for your addition to the thread.