John Bogle at Bogleheads 11
Welcome to the Bogleheads® wiki, a collaborative enterprise by members of the Bogleheads Community.
The Bogleheads' approach to investing begins with an investor deciding on percentage allocations to various asset classes, such as U.S. stocks, international stocks, U.S. bonds, and cash. The desired allocations are then implemented using low-cost vehicles which are true to the targeted asset classes. Tax costs are carefully considered, influencing decisions as to what investments to place in taxable versus tax-advantaged accounts. Bogleheads emphasize regular saving, broad diversification, and sticking to one's investment plan regardless of market conditions. Information relevant to the group's core beliefs is available in the Bogleheads' investment philosophy.
The wiki is a valuable reference resource for investors. Anyone can read the wiki. If you would like to edit it, please send a private message requesting access, and you will quickly be made an editor. Information on editing the wiki is available on the left sidebar of every wiki page. Suggestions are welcome by posting in Suggestions for the Wiki.
If you see content in need of improvement, or a new page that should be written, please become an editor so that you can contribute to the site. In particular, if you find yourself writing a reply to a forum question that you've seen before, please instead create a wiki page with the answer, and reply on the forum with a link and a quote of your text. That way, the Bogleheads Community both preserves our knowledge base and makes it more accessible, particularly to those using search engines.
As part of our ongoing efforts to reduce the cost of investing, we're eliminating transaction fees on Investor Shares of Vanguard FTSE All-World ex-US Small-Cap Index Fund.
Economic reports out this week, which included mixed messages from the housing market, rising consumer prices, and an uptick in durable goods orders, seemed to take a backseat to news about corporate earnings. Stocks moved higher midweek on strong second-quarter results, especially from the technology sector, only to give back those gains by Friday's close as weaker reports came in.
If you're unsure what will happen to your nest egg when you're no longer here, you'll want to take a closer look at what assets are going to the people and organizations of your choosing. Here are some reasons why designating a beneficiary on your retirement accounts is a good idea.
The vast majority of investors in Vanguard money market funds will not be affected by new rules enacted by the Securities and Exchange Commission. Investors will continue to have access to a stable, high-quality cash management tool.
Inheriting an IRA often comes with mixed emotions, from the happiness that someone cared enough to leave you a portion of his or her savings to the sadness that the person has passed away. There could also be confusion about what exactly you just inherited and how you should handle it. Knowing three things about inherited IRAs can help.
Vanguard News RSS feed
Rick Ferri Blog
I tilt. Do you tilt? It’s OK to tilt. Many people tilt. I’m not talking about posture or politics – I’m talking about portfolio design. A portfolio “tilt” is industry slang for an investment strategy that overweighs a particular investment style. An example would be tilting to small-cap stocks or value stocks that have historically [...]
Technical analysis reminds me of searching for gold at the end of a rainbow. Children of all ages are mesmerized by the story, yet no one to date has found a pot of gold. It’s not because gold isn’t there – it most certainly exists in the mind of every child. The problem is the rainbow; it’s circular, there is no end to it.
Did you miss returns from intermediate-term bond funds because you sat in a short-term bond fund waiting for interest rates to rise? A lot of people did. This strategy has backfired as the opportunity cost of not being in intermediate-term bonds has been more costly than whatever damage rising interest rates might have taken away.
Want to be a successful investor? Have a sound investment philosophy before trying to create an investment strategy. Your core beliefs about investing should drive strategy and also keep you disciplined in difficult markets.
Successful market timing requires two correct decisions: when to get out and when to back get in. Guessing right once is a 50/50 proposition. Guessing right twice drops the odds to only 25 percent. One wrong guess and you shoot yourself in one foot; two wrong guesses and you shoot yourself in both feet. This is what makes market timing so difficult.
Rick Ferri RSS feed
Our Canadian sister site, Financial Wisdom Forum, has a similar focus, many like-minded members, and may be of interest as well. Be sure to visit their wiki, known as finiki, the Canadian financial wiki.