The Bogleheads' Guide to Investing


The Boglehead's Guide to Investing is an irreverent handbook that promotes the sage investment wisdom of the famous John Bogle. This humorous and wonderful book offers contrarian advice that provides the first step on the road to investment success. With warnings and concepts both precisely accurate and grandly counterintuitive, the Boglehead authors illustrates how beating the market is a zero-sum game. It provides a comprehensive guidance on how to craft an investment strategy using the Bogle-proven methods that have worked for thousands of investors.

"I'm often asked to recommend a good, basic book on investing, and The Bogleheads' Guide to investing has been my go-to pick since its original publication. It focuses on all the right things: the virtues of maintaining a frugal lifestyle, keeping investment costs down, and building a simple, low-maintenance portfolio. And importantly, it also tells investors what they can safely tune out—namely, day-to-day market action and the latest 'hot' investment products. Its advice will stand the test of time."

CHRISTINE BENZ, Director of Personal Finance, Morningstar, Inc.

"John Bogle set out to reform the mutual fund industry nearly 40 years ago. He saw a high fee, self-serving, good ol' boy network and thought it was wrong. Bogle believed the purpose of an investment company was to be investor-focused. His idea turned into a revolution. The Bogleheads' Guide to Investing is a testimony to the massive changes that have taken place as a result of Bogle's vision. The ideas in this book have saved countless investors billions of dollars in unnecessary fees. Hats off to Taylor, Mel, and Mike for a job well done."

RICK FERRI, CFA, Founder, Portfolio Solutions LLC

"The Bogleheads' Guide to Investing describes a sophisticated and proven approach to successful investing. Nevertheless, its message of saving, investing in a diversified, balanced, low cost portfolio, and keeping it simple is easily grasped by investors of all levels of experience. Regardless of your investment acumen, this book provides many clearly expounded investment insights and is a great roadmap to financial success."

GEORGE U. "GUS" SAUTER, Retired Chief Investment Officer, Vanguard

"The best one-stop shopping solution to saving, debt management, investing, insurance, and financial planning I have seen between two covers. For the price of a week's worth of lattes, you can secure your future."

WILLIAM J. BERNSTEIN, cofounder, Efficient Frontier Advisors, LLC, author of The Intelligent Asset Allocator, The Four Pillars of Investing, and The Investor's Manifesto