Description
By John C. Bogle
Now, in this edition of Common Sense on Mutual Funds, Bogle returns to update his in-depth look at mutual funds and the business of investing – helping you navigate through the staggering array of investment options found in today’s evolving investment landscape.
Timely and timeless, this important book examines the fundamentals of mutual fund investing in turbulent market environments and offers valuable guidance for building an investment portfolio.
Along the way, Bogle shows you that simplicity and common sense still trump costly complexity, and that a low-cost, broadly diversified portfolio continues to be the best way to build wealth at the lowest cost and risk – and will almost always outperform more expensive, actively managed mutual funds.
The book presents a platform for intelligent investing as it analyzes costs, exposes tax inefficiencies, and warns of the mutual fund industry’s conflicting interests.
Emphasizing long-term investing and asset allocation, Bogle offers sensible solutions to the fund selection process and reveals what it will take to make it in today’s chaotic market.
Updated charts, which also show original data, as well as new commentary and analysis provide timely guidance in light of recent changes in investment vehicles and market performance.
Securing your financial future has never seemed more difficult, but after reading this book you will become a better investor.
622 pages. Hardcover. 2010.
0311
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