- Investing Advice Inspired by John Bogle
(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
(or getting started for non-US investors
). Returning visitors may be interested in our new pages
For US investors:
For non-US investors:
Understanding and avoiding behavioral pitfalls will ultimately have a greater impact on investing success than any other factor. Since emotions and subsequent behavioral pitfalls are frequently associated with miscalculating risk tolerance and asset allocation, the new investor should be aware of behavioral pitfalls before making asset allocation decisions.
“Your investing brain does not just add and multiply and estimate and evaluate,” says Jason Zweig in his book, Your Money and Your Brain. “When you win, lose, or risk money, you stir up some of the most profound emotions a human being can ever feel.” (more...)
This week in financial history
- 1927 - The Manila Stock Exchange, Inc. (MSE) was established on August 8, 1927. Source: History
- 1971 - The Pax World Fund, the first US mutual fund based on socially responsible investment selection principles, was launched on August 10, 1971. The fund is now known as the Pax Balanced Fund. Source: Pax World history
- 1960 - James Lorie and Lawrence Fischer established the Center for Research in Securities Prices (CRSP) enabling a rigorous empirical analysis of stock prices. Source: CRSP 50th anniversary
- 1935 - The Social Security Act was signed into US law; establishing the Social Security Administration. Source: Social Security Act
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