Main Page

From Bogleheads
Jump to: navigation, search
Bogleheads® wiki
- Investing Advice Inspired by John Bogle


John Bogle at BH16.jpg
John Bogle
(1929 - 2019)
Forum posts
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.

If all this seems a bit overwhelming, relax and don't panic. A good place to begin is getting started. Returning visitors may be interested in our new pages.

Getting started

Today's featured article

Tax-efficient fund placement is an issue facing investors holding both tax-advantaged and taxable accounts. The tax code recognizes different sources of investment income which are taxed at different rates, or, are taxed at a later time (tax "deferred"). An asset's tax efficiency (the impact of taxes on an investment) is affected by both its expected return and the tax rate on such return.

All investors must pay their fair share of taxes. This article describes how to minimize taxes through appropriate placement of investments in tax deferred or taxable (pay taxes now) accounts. (more...)

This week in financial history

April 15:

April 16:

  • 1991 - The Warsaw Stock Exchange held its first trading session with five listed companies, all of which were formerly State-owned companies that had been privatized. Source: Warsaw Stock Exchange - History

April 17:

  • 1930 - The stock market hit its post-Crash high, as the Dow Jones Industrial Average closed at 294.07, a 48% increase in the five months since the Crash bottomed on November 13, 1929. Over the coming two years, however, the Dow will lose another 85.99% of its value, bottoming at 41.22 on July 8, 1932. Source: Barrie A. Wigmore, The Crash and Its Aftermath: A History of Securities Markets in the United States, 1929-1933 (Greenwood Press, Westport, CT, and London, 1985), p. 137.
  • 1991 - The Dow Jones Industrial Average topped 3000 points for the first time. Source: Closing milestones of the Dow Jones Industrial Average

April 18:

  • 2000 - The NASDAQ (National Association of Securities Dealers Automated Quotations) rose 254.41 points, the highest single day point gain to date, just 4 days after it's largest single day loss of 355.49 points (April 14, 2000). Source: NASDAQ Composite Index Increases, Decreases

April 19:

  • 1776 - The US Congress appointed a Committee "to examine and ascertain the value of the several species of gold and silver coins and the proportions they ought to bear to the Spanish milled dollar." Source: Timeline of the United States Mint
  • 1895 -
    The Railroad Gazette made the first public notice of the Herman Hollerith tabulating machine used for the 1890 census. Hollerith's great breakthrough was his use of electricity to read, count, and sort punched cards whose holes represented data gathered by the census-takers. His machines accomplished in one year what would have taken nearly ten years of hand tabulating. Hollerith's company later developed into the International Business Machines Corporation, known as IBM. Source: American Treasuries of the Library of Congress
  • 1933 - The gold standard, which directly linked the American dollar to its worth in gold, was abandoned on this day during the Great Depression. Source: This Day in Economic history.

April 20:

  • 2007 - The Wilshire 5000 Index closed above 15,000 for the first time in history. Source: Wilshire 5000

April 21:

Can't find what you're looking for?

Use the wiki's Search box. Or, start from a top-level overview using Site navigation. A complete article list is also available.

You can search or register to ask a question on the Bogleheads forum, or browse recent forum posts from the Bogleheads' home page. We're also on Facebook.

Our Canadian sister site, Financial Wisdom Forum, and its finiki, the Canadian financial wiki has a similar focus, many like-minded members, and may be of interest as well.

We also have a sister site in Spain, Bogleheads® España (en español).

Contributing to the wiki

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.