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John Bogle at Bogleheads 9 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 that should be fixed or expanded, 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.

Getting Started: Overview • Bogleheads® investment philosophy • Investing • Personal Finance • Planning for Retirement Financial Planning: Asset Allocation ∙ Charitable Giving ∙ College Savings ∙ Estate Planning ∙ Health Savings Accounts ∙ International Domiciles ∙ Personal Finance ∙ Tax Considerations Investing: Asset Classes ∙ Alternate Asset Classes ∙ Bonds ∙ CDs ∙ Indexing ∙ International Stocks ∙ Exchange Traded Funds ∙ Money Markets ∙ Mutual Funds ∙ Portfolios ∙ Real Estate ∙ Risk management (portfolio) ∙ Stocks (US) ∙ Vanguard Retirement Planning: Annuities ∙ Employer Provided Retirement Plans ∙ IRAs ∙ Portfolio Withdrawals ∙ Retirement Spending ∙ Social Security Resources: Blogs ∙ (The) Bogleheads® ∙ Books and Authors ∙ Financial Theory ∙ Financial Websites ∙ FAQs ∙ Glossary ∙ Google Docs Spreadsheets ∙ Resources and Links ∙ Wiki Chores Table of contents - Expanded table of contents - Complete page list

NEWS Vanguard News My Classroom Economy: More than elementary (15 May 2012) Budgeting, saving more than you spend, and resisting impulse buying are good ideas at any age. That can be especially true for kids, who have a lifetime to reap the benefits. The basics of ETFs: A primer for the perplexed (14 May 2012) Exchange-traded funds (ETFs) have become increasingly popular. For many people, though, they remain something of a mystery. With that in mind, here's an explanation aimed at demystifying ETFs. Costs matter: Investors are still voting with their feet (14 May 2012) Vanguard research indicates that investors continue to place their hard-earned money in lower-cost investment products, based on cash-flow data from Morningstar for the ten-year period ended December 31, 2011. Economic Week in Review: Boldly back to borrowing (11 May 2012) Consumers borrowed much more than expected in March, as both student and car loans shot up and credit card borrowing rose after declining in January and February. What's in your mutual fund? (11 May 2012) Investing in a mutual fund can give you exposure to a variety of securities in one package, offering balance and diversification to help even things out over the long run. Vanguard News RSS feed Bogleheads Forum RSS — Bogleheads.org on Facebook News and blogs (more...)

FEATURED BLOG The White Coat Investor - Helping those who wear the white coat get a "fair shake" When Is a Warranty a Good Deal? (16 May 2012) My general advice is to not buy “consumer insurance” like warranties on appliances.  The mantra is that you should insure against financial catastrophe, and self-insure against the rest.  I spend lots of money on good disability, life, property, and liability insurance.  Then I have an emergency fund that takes care of the rest.  But every now and then, I am offered a deal that seems too good to be true.  Here are some recent examples. … Continue reading → What do physicians make on an hourly basis? (14 May 2012) This post falls into the category of “that’s interesting.”  For all but the medical students reading, there isn’t a lot of actionable information here.  But it is difficult to find this information out there.  Physician income information is relatively easy to find, but work hours information is notoriously difficulty to find.  The only information that combined physician work hours with their income is from a survey in JAMA published in 2003, and obviously using even … Continue reading → Tax-O-Phobia – A Common Infirmity Among Doctors (11 May 2012) I’ve noticed that many doctors suffer from a common malady I call Tax-O-Phobia.  When combined with a closely-related, but also common illness, Liability-Phobia, it makes doctors make poor financial decisions.  Tax-O-Phobia comes from three things: sticker shock, a misunderstanding of the value of various tax breaks, and a confusion between marginal tax rates and effective tax rates. Sticker Shock There’s nothing quite like that first 5-figure paycheck when you get out of residency.  Of course, … Continue reading → Drive A Beater….Get Rich (9 May 2012) I wrote much of this rant many months ago, but it never seemed quite right, so I stored it away and never published it.  I had an email the other day that convinced me to dust the cobwebs off it and publish it.  It was from a doc several years out of residency whose medical school was paid for by the military looking for general financial advice.  I was surprised to see that he still … Continue reading → 8 Reasons Why You Should Invest With Mutual Funds Instead Of A Variable Annuity (7 May 2012) Variable annuities (VA) are an insurance product that is best described as a mutual fund wrapped in an insurance wrapper and covered with fees.  They have several advantages over mutual funds (in a fully taxable brokerage account), including tax-deferred earnings, some protection against creditors, and tax-free buying and selling within the account.  But no reasonable person would argue that investing in a VA is a smarter move than investing in an IRA, Roth IRA, or … Continue reading → The White Coat Investor Blog RSS feed Featured blog

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Our Canadian sister site, Financial Webring Forum, has a similar focus, many like-minded members, and may be of interest as well. Be sure to visit their Canadian-focused investing wiki, finiki.