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. I'm 69 years old have a nice portfolio I built through the bank but I'm not making any money. But not any more I've moved most of my money to Quest trade I'm now investing on my own mostly in index funds and I feel very comfortable im going to do very well all thanks to this one book and help from a good friend.
Anyway great book I learned a lot. I wish I had read this book 10 years ago. This book has changed by perspective on long-term investing and while I still enjoy "trading" I realize that long term steady gains require a simple buy and hold philosophy - and is probably my best strategy for Retirement fund. Picking individual stocks to do this with is not easy i. So the concept of buying the "Market" makes sense, and at the same time avoiding high fees associated with Mutual Funds is a no-brainer.
RIP John C. Bogle and Thank you. I don't get it. The writing is uninteresting and repetitive. This book could have been 1h30m and you would have got the exact same information. Overall the information is useful on index funds but you can find this information elsewhere and probably wont want to pull your hair out listening to it. This book is important as it teaches you fundamental investment knowledge that financial advisors have an incentive not to.
For that reason alone I recommend this book to all investors or would be investors. The accompany pdf is very informative. The book is fairly short in listening time and based on simplicity and common sense. The main theme is reiterated throughout it's chapters along with sub themes. Would recommend to the young investor. The book is well written, covers important topics, and is really interesting.
Ganser is easy to listen to - it seems like he was meant to read this book. Great book. Great tips on how a common man should invest Highly recommend this to everyone who has limited financial and want to play in the market. Great point but he makes it over and over, at least times in the 5 hours.
Now you don't need to buy the book. Performance: Reading books on investing is always super dry. This guy does as good a job as one can to keep you awake. The book should be more accurately titled "only buy traditional index funds". In short, do it yourself. Don't waste your time or money working with actively managed funds and their costly fund managers. Stick with index funds and play the long game.
If this strategy works for you and you want to know more then read the book. Bogle makes a very convincing argument on how to invest: via index funds. He spends most of the book explaining why it is the best option. Unless your are very skeptical, you don't need all the extra chapters going in depth. Even if you are skeptical, a lot of it is repition. I still highly recommend the book for the info.
Would you recommend this book to a friend? Why or why not? What was most disappointing about John C. This was written by the person who founded Vanguard group. The entire point of the book is to get people to buy his index funds.
Its like reading a timeshare presentation. Who would you have cast as narrator instead of L. Sounded like a shady salesmen, but I think that is more fault of the writing. Those who want to invest for the very long term with little effort as possible. Not a book for those looking to understand stock trading. Any additional comments? This book is full of a bias view on Vanguard index funds.
Its a timeshare presentation. Now I do agree index funds are great. But I am also planning to get into stock trading. I do plan to put effort into it. This book assumes anyone outside of finance doesnt want to put in any effort into stock trading To sell the author's company index fund John C. Bogle is a legend for a reason, and this book is nothing short of amazing. The Little Book of Common Sense Investing is a must read for recent college graduates working their first job and individuals who are still invested in fee based mutual funds which carry expensive management fees.
Bogle spares no opportunity throughout to prove this point. Other topics discussed are exchange traded funds, asset allocation, and the value of buying and holding. What sets this book apart from other investment classics such as the Intelligent Investor, One up on Wall Street, Beat the Street, etc. Dec I had meeting with my investment advisor, my wife and I left the meeting and we both conferred on the car ride home that he seemed not his usual confident self.
In the meeting he was presenting new fund family and investment company. There was some talk of DOL changes to advice regulations. All these factors immediate caused warning alarms in our common sense. Not that we thought he was bad, but made us put the brakes on moving ahead with any of his suggestions immediately. That's when I started asking others and reading and linking to books and authors.
John C Bogle investment philosophy rings truest to my gut feeling. I selected this book because it is the Anniversary edition and figured it had the most info as it pertains to updated exampleseconomics-recent political climate. I am glad I have have found this book. Keep a notebook handy. There are a lot of references to other authors that you may want to read. I am going to pour through several other books but I suspect that there's going to be changes made in my investment philosophy.
I appreciate John Bogle's life work that it has "waken" this blue collar worker to the reality that Arithmetic is the first of the sciences and the mother of safety and that costs makes the difference between investment success and failure. From inside your Audible's Library page I am on pc-not a mobile app look in the Title column - You will see a hyper-link with the title of the book, look just below the title for "PDF", click on that link and it will open up the accompanying.
Open, honest, heartfelt, and lacking guile. Mr Bogel speaks to all of the dislikes and concerns I have harbored with the investment cartel for years, and then some! His reasoning and use of data is both sound and relevant. Does reading this little book absolutely insure financial investment success? Of course not. However, until such time that a better plan is unveiled it's an excellent place to start. Good overall narration of index fund and how a investor needs to maintain disciple while investing.
Listen free for 30 days. Bogle Narrated by: L. Add to Cart failed. Please try again later. Add to Wish List failed. Remove from wish list failed. Follow podcast failed. Unfollow podcast failed. The Plus Catalogue—listen all you want to thousands of Audible Originals, podcasts, and audiobooks. Narrated by: L. No default payment method selected. Add payment method. Switch payment method. We are sorry. We are not allowed to sell this product with the selected payment method.
Pay using card ending in. Tax where applicable. Listeners also enjoyed The Intelligent Investor Rev Ed. Longo Length: 12 hrs Original Recording Overall. Summary of John C. Length: 25 mins Unabridged Overall. Publisher's Summary 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.
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. Bogle P Audible, Inc. Reviews - Please select the tabs below to change the source of reviews. Amazon Reviews. Sort by:. Format: Hardcover. Language: English. ISBN: ISBN Release Date: March Length: Pages. Weight: 0. Dimensions: 0. Customer Reviews. Write a review. An aptly titled book Published by Thriftbooks.
As a professional portfolio manager since the 's [now retired] I most highly recommend this book. I have purchased copies for my adult children, as well as for some for-profit and non-profit boards on which I serve. I am telling all that this easy, one-day read has the potential to be a financial life-enhancing event, if they agree with the basic premise.
And that there is no reason not to agree with the premise. I very much like that Bogle includes supporting data at the end of every section. A true five-star book. And it's supported by expert analysis, portfolio comparisons, and the numbers: "humble arithmetic. The longer the amount of time, the more detrimental the damage - if - you own managed funds.
But where costs are concerned, time is your enemy. And inflation must always be factored. Financial Intermediation has created enormous fortunes for those n the fields of managing other people's money. One example: Merrill Lynch is the largest brokerage firm in the world.
One of its biggest marketing and profitable successes also created one of the biggest losses for investors. At the height of the bubble in , Lynch launched two new funds: the "Focus Twenty" and the "Internet Strategies" Fund. Like clockwork, at the height of the bubble frenzy the consumers were drawn in. The best time to sell a fund is the worst time for consumers to buy it. A lot of funds declined in this three-year period, but not nearly as much.
But it's not just John Bogle that states this. Bogle hits home with his "Don't take it from me" passages throughout the book, quoting and sourcing what other financial minds say about managed vs. There are tons of exhibits and tables with comparisons. Sources are provided throughout. Or, add more diversification and control over one's portfolio. Indexing can also be useful for those that don't have the two tax-deferred options available to them and is another choice because of low taxation and low expense costs.
Including indexing another but related topic, company pensions can inhibit and limit the worker. They often a. What's in the book is just what the title says - obvious common sense. This book is for people that want to move up their financial goals by using techniques so simple, my son Kevin implemented them last year when he was in second grade.
Don't confuse simplicity with stupidity, Bogle notes. If these techniques are really so simple, why doesn't Wall Street "get it? In fact, it's critical that the grand illusion continue. The book is a battle pitting the Wall Street machine, glitz, and emotion against only the relentless rules of simple arithmetic.
Even Wall Street, however, doesn't have the might to overcome simple arithmetic. It's a bloody battle where most that try to disprove mathematics, end up being the casualties. You may be thinking this book merely says to buy index funds or exchange traded funds.
Actually, Bogle notes that many index funds and most exchange traded funds are the wrong thing for investors. Yes, Wall Street took his indexing concept and morphed it into vehicles that would make them rich, at the cost of the investor. These are known as "enhanced" or "specialized" funds that are far closer to active investing than many disciplined investment funds - like Berkshire Hathaway. Bogle explains what investors should do to capture the returns of capitalism.
You may be surprised to learn that he goes beyond saying only own the broad index funds.
NCM tech savvy to found Collaborate the Accept changes. Actions Directory AnyDesk and of a ton and. But agree 3 patient-level Reply.
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. 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. The Little Book of Common Sense Investing provides a detailed overview of two different investment options: actively managed funds and index funds.