Welcome 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.
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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
- 1928 - First day on which New York Stock Exchange stock transactions totaled more than 5,000,000 shares (5,252,425 shares). (Source)
- 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)
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