Main Page

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


John Bogle at BH15.jpgWelcome 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

An index fund is a fund that pools investors capital for the purpose of investing in securities, typically a mutual fund or exchange-traded fund (ETF), that aims to replicate the movements of an index of a specific financial market.

A well-managed index fund provides investors with a simple way to access such advantages as low costs, improved tax efficiency, style consistency and reduced manager risk. Investors should be mindful that not all index funds are low cost and that some indexes can be exploited by active investors when the indexes periodically reconstitute.

The key measure for accessing an index fund's efficiency is how well it tracks its benchmark index. (more...)

This week in financial history

October 23:

October 24:

  • 1852 - A group of Toronto businessmen met on October 24, 1852 with the intention of forming an "Association of Brokers". The association created that day established the framework for the Toronto Stock Exchange. Source: TMX Group History
  • 1929 - October 24, 1929 became known as "Black Thursday", the start of the 1929 US stock market crash. Source: American Experience, A Selected Wall Street Chronology

October 25:

  • 1923 - The Standard Statistics Company (the forerunner of Standard & Poors) created an index of 233 US companies, computed weekly. Source: H. M. Gartley,"Profits in the Stock Market ", p.54.
  • 1861 - The Toronto Stock Exchange (TSX) was created when 24 men met at the Masonic Hall in Toronto and passed a resolution. Source: History Of The Toronto Stock Exchange

October 27:

  • 1923 - The greatest U.S. bull market of the 20th century began after the Dow Jones Industrial Average closed the day near 86. It lasted nearly six years and lifted stocks by 345% until the Dow hit 381. Then, beginning in 1929, the Great Crash pulled stocks down by 89%, erasing all these gains. Source:The Great Crash of 1929, Some key dates, Adrian Mastracci, Financial Post, October 24,2011.
  • 1997 - The Dow Jones Industrial Average suffered its biggest one-day point drop in history Monday, prompting officials to take the unprecedented step of closing markets early. Source: U.S. stocks whipped by losses - Oct. 27, 1997

October 28:

  • 1994 - The S&P Small Cap 600 index was launched on this date. The S&P SmallCap 600 measures the small-cap segment of the U.S. equity market Source: S&P Small Cap 600 Index, factbook

October 29:

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.

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.