Staff Picks Blog
John Bogle is one of the most respected investment writers in the business. Bogle, who founded The Vanguard Group, knows of what he writes. At Vanguard he pioneered no-load mutual funds along with introducing the first index fund* and his advice is to invest in index funds. The Little Book of Common Sense Investing: the only way to guarantee your fair share of stock market returns is all about how to become a better investor in 18 easy to understand chapters.
Bogle champions a simple approach to creating wealth and keeping it. If you don’t want to read the entire book, (it is a little book, just like it states in the title), at least take a look at the last chapter: What Should I Do Now? Bogle offers suggestions on what to do with your "funny money" as well as your "serious money" and outlines his investment strategy.
Read and prosper…
* Definition: Index funds are mutual funds that
attempt to copy the performance of a stock market index. The most
common index fund tries to track the S&P 500 by purchasing all 500
stocks using the same percentages as the index. Other indices that
mutual funds try to copy include: Russell 2000, Wilshire 5000,
MCSI-EAFE, Lehman-Brothers Aggregate Bond, and NASDAQ 100.
Source: About.com:mutual funds
