Read PDF Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle

John C. Bogle shares his extensive insights on investing in mutual funds Read Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle ,PDF Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle ,PDF Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle ,Read PDF Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle ,Reading Ebook Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle Click here for Download Ebook Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle PDF Free Click here Ebook Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle For DOWNLOAD Amazon.com Review Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual-fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle-founder of the Vanguard Group--makes a strong case for index funds with this exhaustive study of investing. He begins with primer-like essays on investment strategy, championing mutual funds for their inherent investment value, and then grinding each point home with a bevy of graphs, charts, entertaining anecdotes, and common sense. He repeatedly stresses time as a basic tenet for investing, listing these simple rules: "Time is your friend"; "Impulse is your enemy"; "Stay the course." And then he proceeds to blast fund managers, who have become marketers rather than

managers. The trade-off between the profits that accrue to fund shareholders and the profits that accrue to the fund management companies seems subject to no effective independent watchdog or balance wheel, despite the fact that the shareholders actually own the mutual funds. It's an interesting concept: smart, reasoned investors can all but secure their financial future, but the system itself, run unchecked by fund managers, needs a major overhaul. And considering the amount of reasoned, historically based support he includes, readers will have a hard time finding fault with the sometimes controversial Bogle. Equal parts instructional and crusade, Common Sense on Mutual Funds deserves the attention it's likely to receive. Recommended. --Rob McDonald From Publishers Weekly Not that many years ago, an average bookstore might have had two or three books on mutual funds filed away in the business section. Today, as the number of Americans who invest in mutual funds continues to grow, such books take up several aisles in a section of their own. There are guides for data junkies and mathphobes, books that tell how to make a killing and books that tell how to avoid the coming disaster. A few classics stand above the clutter. Bogle on Mutual Funds is one of them. Now the same author has added another. While the first book aimed at educating beginners, the new one seeks to persuade experienced investors to discard received wisdom that isn't so wise after all. While no 450-page work on mutual funds with lots of charts can be considered fun summer reading, the book is always informative and the writing never worse than painless and sometimes quite lively. Bogle speaks with a rare authority. On one hand, he is the founder of Vanguard mutual funds, the second-largest mutual fund company in the world. So he knows the business from the ground up. On the other hand, Vanguard has always been famous for running the lowest-cost mutual funds, funds that eschew loads, engage in sensible strategies and return all profit to the investors. So Bogle is also a leading consumer advocate. That rare combination, mixed with years of serious research and a dash of style, makes Bogle an unparalleled guide to the world of mutual funds. Money Book Club alternate. Copyright 1999 Reed Business Information, Inc. Review "As founder of the giant mutual fund company, Vanguard Group, Bogle writes what he knows: how to steer one’s way through mutual funds and the numbing variety of investment alternatives available today. His is a clear and readable style, and Bogle helps make still somewhat-arcane terms such as quantitative investing understandable."(SmartMoney.com) "Common Sense on Mutual Funds," by John Bogle, inventor of the retail index fund and founder of the Vanguard Group. It’s the best book ever on fund investing, just updated for new investors. The case for indexing is rock solid, as you’ll see here. It’s the only strategy that works, long term." —Jane’s Book Club, http://janebryantquinn.com "Never before [have] I seen a book that so openly and successfully juxtaposed that which was said against that which actually happened over the period of a decade. . . As a long-time believer in low cost indexing, I didn’t think I’d learn much from this book. I was wrong! Reading this book offers investors a glimpse of the perspective and lessons learned from recent years that were anything but normal. . . This book, of course, is even more valuable to those that aren’t a believer in indexing. It may be a hard read if you’re among those who still believe that 90 percent of investors can all be above average. Consider the effort well worth it because the common sense in this book may save your retirement. Reading this book might also help you realize, as I have, that common sense really is pretty uncommon." —Allan Roth, CBS Moneywatch.com "The definitive book on index fund investing. It explains why index fund investing is the best way — no, the only way — for people to invest their savings. . . [Bogle] does something few in the investing world would dare to do. He stands by what he said 10 years ago. The original text is presented unchanged. New data is added to reveal what happened over the past 10 years." —Scott Burns, The Austin American Statesman A worthwhile addition to one’s library, particularly as a reference publication. . . This . . revision of a book written ten years ago . . . with the original text still present in the book, and an analysis of the predictions that were made ten years ago. . . makes fascinating reading. The analysis of the predictions on their own makes the book worth a read, even if all one does is look at the coloured sections which contain the updated material.” (Australian Investors Association) “More Common Sense from Jack Bogle. Jack’s back and he’s unbowed. . . The tome holds up well after a decade. Bogle hasn’t altered a word of the original text, just added color

coded data and text boxes to show where he was on or off the mark. Guess what? Jack doesn’t offer many mea culpas. . . The book is still essential reading for investors. Whether you think indexing is the best way to investor not, it’s filled with simple, powerful advice that can help stack the odds of long-term financial success in your favor. Reading it then helped shape me as an investor and analyst. Here are the most important lessons (besides the obvious one: that indexing works) that I’ve drawn from the pages of both editions, as well as a couple of points where I, and many of my colleagues, dare to differ from St. Jack.” (Morningstar) Customer Reviews Most helpful customer reviews 1 of 1 people found the following review helpful. For those willing to put in the time to understand ... By John A. Macbain For those willing to put in the time to understand the data and Bogle's argument, this book is priceless. For those still willing to believe in the stock selection fairy and managed funds and ignore the data, proceed at your own peril. There is a reason the Vanguard index funds have been growing to astounding sizes and why (largely) passive asset allocation with a proven rebalancing strategy does indeed outperform the vast majority of financial managers over time. Stop shooting yourself in the foot most times that you touch your finances and follow Jack Bogle and William Bernstein. 1 of 1 people found the following review helpful. The best financial book I've ever read By Psizzle This is literally the best book I've ever read on investing. If you are really serious about learning how to invest and not looking for the ever elusive and unreal get rich quick scheme, this book is for you. This book really shows you how the stock market and bond markets work. Bogle doesn't bs like a lot of other writers do and he is such an intelligent guy that he lays out the admittedly complex concepts in about as easy and readable format as it gets. Genius is being able to state complex ideas succinctly and simply and that's what Bogle does. If there was one investing book to get it'd be this book. 1 of 1 people found the following review helpful. Awesome book on mutual funds By TheTroglodyte I own stocks and have done well but wanted to learn more about mutual funds which I really knew nothing about. This is a very good book on with solid investing principles that will teach you the in's and out's. Highly recommend. See all 204 customer reviews...

Reading Ebook Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle ,Read Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle ,Ebook Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle ,Reading Ebook Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle ,Pdf Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition By John C. Bogle