The Bogleheads′ Guide to the Three–Fund Portfolio
How a Simple Portfolio of Three Total Market Index Funds Outperforms Most Investors with Less Risk
Gebonden Engels 2018 9781119487333Samenvatting
Twenty benefits from the three–fund total market index portfolio.
The Bogleheads Guide to The Three–Fund Portfolio describes the most popular portfolio on the Bogleheads forum. This all–indexed portfolio contains over 15,000 worldwide securities, in just three easily–managed funds, that has outperformed the vast majority of both professional and amateur investors.
If you are a new investor, or an experienced investor who wants to simplify and improve your portfolio, The Bogleheads Guide to The Three–Fund Portfolio is a short, easy–to–read guide to show you how.
Specificaties
Lezersrecensies
Inhoudsopgave
Preface: History of The Three–Fund Portfolio
Acknowledgments
Chapter 1 The Investment Industry
Chapter 2 John Bogle The Investor s Best Friend
Chapter 3 John Bogle Introduces Total Market Index
Chapter 4 Twenty Benefits of Total Market Index Funds (in no particular order):
Benefit 1: No Advisor Risk
Benefit 2: No Asset Bloat
Benefit 3: No Front Running
Benefit 4: No Fund Manager Risk
Benefit 5: No Individual Stock Risk
Benefit 6: No Overlap
Benefit 7: No Sector Risk
Benefit 8: No Style Risk
Benefit 9: No Tracking Error
Benefit 10: Above Average Return
Benefit 11: Simplified Contributions and Withdrawals
Benefit 12: Consistency
Benefit 13: Low Turnover
Benefit 14: Low Costs
Benefit 15: Maximum Diversification (lower risk)
Benefit 16: Efficient (best risk/return ratio)
Benefit 17: Low Maintenance
Benefit 18: Easy to Rebalance
Benefit 19: Tax Efficiency
Benefit 20: Simplicity (for investors, caregivers, and heirs)
Chapter 5 Getting Started
Chapter 6 Stay the Course
Appendix I What Experts Say
Appendix II Meet the Bogleheads
Glossary of Financial Terms
Index
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