(1929 - 2019)
Forum postsWelcome to the Bogleheads® wiki, a collaborative undertaking by members of the Bogleheads Community. This wiki is a reference resource for investors. Bogleheads emphasize starting early, living below one's means, regular saving, broad diversification, and sticking to one's investment plan.
If all this seems a bit overwhelming, relax and don't panic. A good place to begin is getting started
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Saving early is important, as the power of compound interest will help you to reach your savings goal, even with low expected returns. The concepts apply for savings towards any goal, such as retirement, purchasing a home, or saving for an education. The longer the timeframe, the larger the impact of the power of compounding.
If you start late, you can still catch up. However, you'll need to invest more money, as compounding has much less time to have an effect. (more...)
This week in financial history
- 1739 - The first exchange session of the Börse Berlin (Berlin Stock Exchange) takes place. Source: History - Börse Berlin
- 1993 - US Treasury auctions: The Uniform Offering Circular (UOC) became effective. The circular consolidated into one document the terms and conditions for the sale of marketable Treasury securities which previously were found in a variety of documents. Source: Timeline of U.S. Treasury Auctions
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