- 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:
The Bogleheads® follow a small number of simple investment principles that have been shown over time to produce risk-adjusted returns far greater than those achieved by the average investor. Many of these ideas are distilled from Nobel prize-winning financial economics research on topics like Modern Portfolio Theory and the Capital Asset Pricing Model. But they are very easy to understand and to implement, and they work.
In fact, the basis of all of these principles is the idea that successful investing is not a complicated process, and can be accomplished by anyone with a small amount of effort. (more...)
This week in financial history
- 1694 - The Royal Charter was sealed establishing the Bank of England on July 27, 1694. Source:Timeline: Bank of England
- 1866 - The opening of Cyrus W. Field's Atlantic Cable led to inauguration of arbitrage in which brokers profited by price differences between New York and London markets for U.S. shares.(Source)
- 1971 - Wells Fargo launched the worlds first stock-index fund with $6 million from the pension fund of Samsonite Corp. Source:Peter L. Bernstein, Capital Ideas: The Improbable Origins of Modern Wall Street (Free Press, New York, 1992), p. 247.
- 1990 - The Ho Chi Minh City Stock exchange officially starts trading. Source: Ho Chi Minh Stock Exchange (Vietnamese) (Google Translate)
- 1965 - The Social Security Amendments of 1965 was signed into law, establishing Medicaid and Medicare in the United States. Source: Legislative history
- 2002 - The Sarbanes-Oxley Act was signed into law. The Act mandated a number of reforms to enhance corporate responsibility, enhance financial disclosures and combat corporate and accounting fraud, and created the "Public Company Accounting Oversight Board" to oversee the activities of the auditing profession. (Source)
- 1914 - The outbreak of World War I in Europe forced the New York Stock Exchange (NYSE) to shut its doors on July 31, 1914 after large numbers of foreign investors began selling their holdings in hopes of raising money for the war effort. Trading did not resume until December 1914. Source: Business history of bonds
- 2013 - US Treasury auctions: The Uniform Offering Circular (UOC) was amended to accommodate the auction and issuance of Floating Rate Notes (FRNs). Source: Timeline of U.S. Treasury Auctions
Can't find what you're looking for?
Anyone can read the wiki. If you would like to edit it, you must first join the Bogleheads forum. Once you've joined, send a private message requesting access, and you can then become 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 on a topic not yet covered, consider becoming an editor so that you can contribute to the site. If you find yourself writing a reply to a forum question that's been discussed a number of times before, consider creating a wiki page with the answer. Then you and others can reply to subsequent questions on that topic 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.