
The Bogleheads' guide to investing
by Taylor Larimore · first published 2006
90% recommend10% neutral
Why HN recommends it
Short, well-written primer on passive index investing that explains the why behind low-fee diversified funds, plus taxes, brokerages and investment vehicles. Suits beginners wanting a simple, low-risk plan.
Summarised by Claude from recommending comments
The Bogleheads' Guide to Investing is a slightly irreverent, straightforward guide to investing for everyone. The book offers sound, practical advice, no matter what your age or net worth. Bottomline, become a Boglehead and prosper! Originally just the chat-line ruminations of Boglehead founder Taylor Larimore, and Morningstar forum leading cohorts Mel Lindauer and Michael LeBoeuf, their trusted advice has been brewed and distilled into an easy-to-use, need-to-know, no frills guide to building up your own financial well-being -- so you can worry less and profit more from the investments you ma
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The Bogleheads' Guide to Investing. Learning about the financial system really changed my perspective on how to deal with money in the long term. It has had immediate effects on my life. I learned about taxation in detail, opened an…
on “Ask HN: What book changed your life in 2014?” ↗…Investing # The Four Pillars of Investing - by William ("Bill") Bernstein. # Wise Investing Made Simple or The Only Guide to a Winning Investment Strategy You'll Ever Need - by Larry Swedroe # The Bogleheads' Guide to Investing - by Taylor Larimore, Mel Lindauer, and Michael LeBoeuf # All About Asset Allocation - by Rick Ferri # The Informed Investor - by Frank Armstrong # The Little Book of Common Sense Investing - by John…
on “Ask HN: Best books/source to learn about investing?” ↗bogleheads guide to investing
on “Ask HN: Best books/source to learn about investing?” ↗That reminds me! Anyone who cares should read the Bogleheads Guide to Investing: http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Lari... It's a quick read and probably tells you a lot of what you already know, but it's well written and explains the basics of the various…
on “Ask HN: What kind of personal financial investment do you do?” ↗…assorted other problems. 2. Something on personal investing. I haven't read this one yet (it's sitting on my Kindle waiting its turn), but based on comments I've seen here and elsewhere, perhaps "The Bogleheads' Guide to Investing" by Taylor Larimore, Mel Lindauer, and Michael Leboeuf. As with eating well, investing is something for which good habits developed early will pay off (literally!) in the long run. Many people think…
on “Books new graduates should read” ↗…OP or others reading that "Bogleheads" are those that follow a certain value investing philosophy from Vanguard founder John Bogle. For some basic investment literacy, it would not hurt to read "The Bogleheads' Guide to Investing" (https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Lar...). I've also heard good things about John Bogle's "Little Book of Common Sense Investing" but haven't read it.
on “A good resource for financial advice to share with people in their twenties?” ↗…Advertising Secrets of the Written Word, Joseph Sugarman — Ogilvy on Advertising — The Art of looking sideways, Alan Fletcher — The Messy Middle, Scott Belsky — The Wart of Art, Steven Pressfield — The Bogleheads' Guide to Investing, Mel Lindauer — The Philosophy of Andy Warhol — Ikigai, Francesc Miralles — The Design of Everyday Things, Don Norman — Striking Thoughts: Bruce Lee's Wisdom for Daily Living
on “Ask HN: What are some must read books?” ↗The Bogleheads' Guide to Investing by Taylor Larimore
on “Ask HN: Which books would you recommend to me that had a big impact on you” ↗…people management and a philosophy of project management - Science of Trust: Emotional Attunement for Couples by Gottman. I love this book for teaching me how to be a better spouse and friend. - The Bogleheads' Guide to Investing by Larimore, Lindauer. A great guide to building a permanent portfolio that will return consistent gains with the market. Simple in hindsight, thanks to this book. Best book on investing I've ever read.…
on “Ask HN: What nonfiction books do you keep rereading?” ↗…the so-called experts are relatively clueless when it comes to financial timing. Remember Brexit? Same story. Good lessons for the rest of us trying to invest. If you want to learn more, read 'The Bogleheads Guide to Investing' [http://fave.co/2jpTKmf] which is an excellent place to start.
on “Dow Hits 20000 for First Time” ↗My advice is to read "The Bogleheads' Guide to Investing". It's an amazing read written by people who strongly believe in Jack Bogle's (founder of Vanguard) vision to democratize the investment world and make average investors reap the benefits of slow, compounding…
on “Ask HN: How to invest savings?” ↗I just finished reading "The Bogleheads' Guide to Investing", which opened my eyes up to how investing _really_ works -- turns out it's much simpler than I thought, which was an exciting realization to have. I'm sad to see him go.
on “John C. Bogle Has Died” ↗…hold, and never worry about again, SPY is one of the best. Even Warren Buffet has endorsed this approach many times. If you're willing to spend 15-30 minutes per month managing finances, then buy the Bogleheads' Guide to Investing and read it cover to cover. Once you've done that, head over to the Bogleheads forum [http://www.bogleheads.org] and you can learn as much or as little as you want. Taylor Larimore, one of the authors…
on “Ask HN: How do you invest your money?” ↗…a low-fee diversified index fund, such as from Vanguard. Take 20% or a reasonable portion of your income and place it in this fund with each paycheck. As they say, pay yourself first. Check out the Bogleheads' Guide to Investing for further information. That is literally all you need to know. I have earned the Chartered Financial Analyst designation over a rigorous course of study. This is literally what I do with my money.
on “Ask HN: What do you nerds spend your money on?” ↗…bit US centric, but my recommendation is: 1. Read the reddit personal finance wiki https://www.reddit.com/r/personalfinance/wiki/index/ 2. Read The Simple Path to Wealth by J L Collins 3. Read The Bogleheads' Guide to Investing 4. Read the Bogleheads' wiki https://www.bogleheads.org/wiki/Main_Page 5. Use a personal finance app to track budget and spending (I use Simplifi). 6. Track your Income, Expenses (just the broad category),…
on “Ask HN: How to save/invest/deal with money?” ↗