To learn how to make index investing work for you, there's no better mentor than legendary mutual fund industry veteran John C. The tenet of Index investing is that even if we cannot beat the market, we still do not lose our invested money (risk-free). You can change your choices at any time by visiting Cookie preferences, as described in the Cookie notice. However, this book presents an individual solution to a systemic problem and doesn't seem to seriously consider that there are any inherent flaws in this capitalist system that leads people to have to invest money to be able to retire in the first place.

Os livros de finanças e investimentos escritos por estrangeiros tendem a serem de duas naturezas: Elencam comportamentos que podemos aplicar ao nosso cotidiano e/ou falam sobre investimentos mas que devido a diferença de país precisamos traduzi-los pro nosso mercado.Starting early, and mimicking the market by investing in Index Funds is the best way to ensure that we live a comfortable post-retirement life. Are taxes not exactly what he is describing here in a way that would positively impact everyone, rather than just the lucky few who can afford to invest? The information in the book is useful, but it seriously could've been written in ten pages, with an optional additional 20 chapters of, "Here are the numbers if you want proof. I felt like this should have been explained more given the immense popularity of broad market index ETFs.

Definitely a re-read because it's hard to listen as an audiobook, I'd rather read about ROI %'s than hear them. With The Little Book of Common Sense Investing as your guide, you’ll discover how to make investing a winner’s game: You’ll also find warnings about investment fads and fashions, including the recent stampede into exchange traded funds and the rise of indexing gimmickry. There does appear to be a certain element of this, as no mention is given of any potential disadvantages to index funds (other sources confirm that they do exist to some degree). Like, he keeps on talking about how Main Street can make investing work for it, but like, what is this "Main Street?After creating Vanguard in 1974, he served as chairman and chief executive officer until 1996 and senior chairman until 2000. He had been associated with a predecessor company since 1951, immediately following his graduation from Princeton University, magna cum laude in Economics. If we imbibe a sense of patience and discipline by starting early, consistent investment throughout the runway would lead to desired results within twenty years without having to go through sleepless nights thinking about the market volatility. Simple analysis showing why investing in low-cost index funds should be the main approach to follow as an investor.

Also, it is clear the book is intended for the widest possible audience, resulting in it being extremely repetitive and at times too simplistic. The fact is that the preponderance of investors (and, apparently, fund managers) still believe in an Alice-in-Wonderland world of investment which is all about special insights, market timing, leveraging and unfeasibly complex investment products or strategies.Rather than listen to their siren songs, investors – large and small – should instead read Jack Bogle’s The Little Book of Common Sense Investing . To support his statement (while claiming that he invented the index funds) he uses arguments such as tax, agent fees, half quotes from famous people, stupid examples on why this worked (you may be able to find many more on why this did not work!