Download The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition AudioBook Free
The best-selling trading "bible" offers new information, new insights, and new perspectives The Little Publication of Common Sense Investment is the classic guide to getting smart about the market. Legendary mutual finance pioneer John C. Bogle reveals his key to getting ultimately more out of spending: low-cost index funds. Bogle describes the easiest and most effective investment strategy for building prosperity over the future: buy and keep, at suprisingly low cost, a mutual fund that monitors a broad stock market Index including the S&P 500. While the stock market has tumbled and then soared because the first model of The Little Publication of Common Sense Investment was posted in April 2007, Bogle's investment guidelines have endured and served investors well. This tenth anniversary edition includes kept up to date data and new information but keeps the same long-term perspective as with its forerunner. Bogle has also added two new chapters designed to provide further advice to investors: one on advantage allocation, the other on retirement investing. A stock portfolio focused on index funds is the only investment that effectively ensures your fair show of stock market returns. This plan is well-liked by Warren Buffett, who said this about Bogle: "For decades, Jack has urged investors to purchase ultra-low-cost index funds.... Today, however, he has the satisfaction of realizing that he helped millions of investors realize far better returns on the cost savings than they otherwise would have acquired. He is a hero to them and also to me." Bogle shows you how to make index trading work for you and help you reach your financial goals and sees support from some of the world's best financial thoughts: not only Warren Buffett but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale's David Swensen, Cliff Asness of AQR, and many more. This new model of The Little Publication of Common Sense Investing gives you the same sound strategy as its forerunner for building your financial future.
- Build a broadly diversified, low-cost portfolio minus the risks of individual stocks, director selection, or sector rotation.
- Neglect the fads and marketing media hype, and give attention to what works in the real world.
- Understand that stock comes back are produced by three resources (dividend yield, revenue growth, and change in market valuation) to be able to establish logical anticipations for stock comes back over the arriving decade.
- Acknowledge that over time, business actuality trumps market anticipations.
- Learn how to harness the magic of compounding comes back while avoiding the tyranny of compounding costs.
