- 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:
Risk tolerance is an investor’s emotional and psychological ability to endure investment losses during large market declines without selling or undue worry, such as losing sleep. To know whether a portfolio is right for your risk tolerance, you need to be brutally honest with yourself as you try to answer the question, "Will I sell during the next bear market?"
Knowing your emotional tolerance for investment risk means knowing yourself and your unique goals and needs - and it is not easy. (more...)
This week in financial history
- 1933 - The Banking Act of 1933, commonly called Glass-Steagall Act, was signed into law on June 16, 1933. The Act established federal deposit insurance in the United States. (Source)
- 1918 - Franco Modigliani, an economist and pioneer of Life-cycle economics is born. He won the Nobel prize in 1985. Source: Franco Modigliani
- 1990 - Vanguard introduced international index funds to the US market, launching the Vanguard European Stock Index Fund and Vanguard Pacific Stock Index Fund.
- 1991 - The S&P MidCap 400 index was launched on this date. The S&P MidCap 400 provides investors with a benchmark for U.S. mid-sized companies. Source: S&P MidCap 400 index, factsheet
- 1977 - The Trans-Alaska pipeline began flowing oil on June 20, 1977. Source:Pipeline history
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