a john c. bogle book for a lad
a john c. bogle book for a lad
my son is a 25-year-old musician, but a bright lad, and he has shown some interest in money and investments recently. he has a b.f.a. but little or no background in economics or markets. he actually sat through a lengthy exposition of the index funds in which i have my roth ira invested. i am hoping a few bogleheads will step forward and suggest one of mr. bogle's books for me to give him -- he seems to have written about 40! what we need here is something pretty introductory, on investing. i'm trying to steer him away from his mother's evil full-price broker, and put him on a path of eventually being able to confidently direct his own investment life .... thanks!!
Re: a john c. bogle book for a lad
I can't believe there are no answers to this
Without a doubt I'd recommend this one:
http://www.amazon.com/Little-Book-Commo ... 0470102101
It's short and simple, but powerful
Purchase it through the Amazon.com link on this page
Without a doubt I'd recommend this one:
http://www.amazon.com/Little-Book-Commo ... 0470102101
It's short and simple, but powerful
Purchase it through the Amazon.com link on this page
Re: a john c. bogle book for a lad
The book I have recommended and continue to recommend is the Coffeehouse Investor, a very straightforward and easy read. Although not written by Bogle it's by Bill Schultheis -- very much a Boglehead and member here. It's been recently updated.
Re: a john c. bogle book for a lad
Agreed. A great book for investors just starting out and for experienced investors needing a reminder of the basics.og15F1 wrote:I can't believe there are no answers to this
Without a doubt I'd recommend this one:
http://www.amazon.com/Little-Book-Commo ... 0470102101
It's short and simple, but powerful
Purchase it through the Amazon.com link on this page
"Yes, investing is simple. But it is not easy, for it requires discipline, patience, steadfastness, and that most uncommon of all gifts, common sense." ~Jack Bogle
Re: a john c. bogle book for a lad
Great book, got it from local library and finished it. Now I plan to buy it and keep it For life.
- asset_chaos
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Re: a john c. bogle book for a lad
Bogle's "little" book is great. You might also consider William Bernstein's "4 Pillars of Investing" http://www.efficientfrontier.com/t4poi/t4poi.htm, which is also good and is specifically aimed at people like your son.
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Guy
Re: a john c. bogle book for a lad
I suggest Random Walk by Malkiel, Coffeehouse by Schulteis, and the investment books by Andrew Tobias.
Bogle's books, imo, are a little heavy for beginners. Don't want to frighten him off.
Bogle's books, imo, are a little heavy for beginners. Don't want to frighten him off.
- Taylor Larimore
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Re: a john c. bogle book for a lad
Fidelio:
Excerpts from The Little Book of Common Sense Investing
Best wishes.
Taylor
I own all of Mr. Bogle's books. Based on the information you provided, Mr. Bogle's Little Book of Common Sense Investing should be ideal and will "steer him away from his mother's evil full-price broker." This is Mr. Bogle's shortest book but it is chock-full of common sense advice like this:I am hoping a few bogleheads will step forward and suggest one of Mr. Bogle's books for me to give him.
Excerpts from The Little Book of Common Sense Investing
Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle
Re: a john c. bogle book for a lad
thanks all. you'll be happy to know i gave the lad the little red book of common sense investing, which he stated he would read. now all he needs is something to invest .....
Re: a john c. bogle book for a lad
The book will immediately introduce him to Warren Buffett ("investing is simple but not easy") and since Buffett is always worth a read, maybe you could have a Buffett book ready to recommend to him after "Common Sense." Just a suggestion.fidelio wrote:thanks all. you'll be happy to know i gave the lad the little red book of common sense investing, which he stated he would read. now all he needs is something to invest .....
"Yes, investing is simple. But it is not easy, for it requires discipline, patience, steadfastness, and that most uncommon of all gifts, common sense." ~Jack Bogle
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Re: a john c. bogle book for a lad
Not to pick on you but I found your choice of words amusing. The implication being that musicians by nature are not very bright.fidelio wrote:my son is a 25-year-old musician, but a bright lad,
Re: a john c. bogle book for a lad
well, i have the right, having served in the bar bands in the 70s.
perhaps you haven't heard some of the classic musician tales:
"what is a bass player w/o a girlfriend?"
homeless
"how do you know if the stage is level?"
drool comes out of both sides of the drummer's mouth equally.
etc.
perhaps you haven't heard some of the classic musician tales:
"what is a bass player w/o a girlfriend?"
homeless
"how do you know if the stage is level?"
drool comes out of both sides of the drummer's mouth equally.
etc.
Re: a john c. bogle book for a lad
Yes, I got quite a chuckle on that one also.SurfCityBill wrote:Not to pick on you but I found your choice of words amusing. The implication being that musicians by nature are not very bright.fidelio wrote:my son is a 25-year-old musician, but a bright lad,
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Re: a john c. bogle book for a lad
In addition to the above, Millionaire Teacher is a great read.
- abuss368
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Re: a john c. bogle book for a lad
I too have all of Mr. Bogle's books. This would be my recommendation as well. This book is one of my favorite.Taylor Larimore wrote:Fidelio:I own all of Mr. Bogle's books. Based on the information you provided, Mr. Bogle's Little Book of Common Sense Investing should be ideal and will "steer him away from his mother's evil full-price broker." This is Mr. Bogle's shortest book but it is chock-full of common sense advice like this:I am hoping a few bogleheads will step forward and suggest one of Mr. Bogle's books for me to give him.
Excerpts from The Little Book of Common Sense Investing
Best wishes.
Taylor
Best.
John C. Bogle: “Simplicity is the master key to financial success."
Re: a john c. bogle book for a lad
well, in reality, he's classically trained, so not at all a numskull like his dad ....c00kie wrote:Yes, I got quite a chuckle on that one also.SurfCityBill wrote:Not to pick on you but I found your choice of words amusing. The implication being that musicians by nature are not very bright.fidelio wrote:my son is a 25-year-old musician, but a bright lad,
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