Reddit reviews The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)
We found 27 Reddit comments about The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits). Here are the top ones, ranked by their Reddit score.
The Bogleheads' Guide to Investing by Taylor Larimore is a great introduction to investing. It might look silly, but it's not a silly book.
It's intended for "normal people" with no background in economics. It explains the basics of the stock market, funds, ETFs, bonds, etc., as well as the basics of investment — risk management, compound returns, value investing/fundamental analysis, etc. — in simple, understandable terms.
"Boglehead" is a humorous term for people who espouse the investing philosophy of John C. Bogle, founder of Vanguard — the largest and most consumer-friendly provider of mutual funds in the U.S. — and creator of the first commercially available index fund. Bogleheads usually recommend a simple "three-fund portfolio" as a diversification strategy, based on the idea that index funds by design will, over time, give non-professionals the best returns, as opposed to individual stock picking.
Bogle himself wrote a bunch of books. The Little Book of Common Sense Investing is supposed to be great.
https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/ref=asap_bc?ie=UTF8
Faço investimentos à varios anos, my 2 cents:
O meu conselho: Fundos indexados, baixo custo e bons desempenhos, historicamente.
[Literatura] (https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/ref=pd_lpo_sbs_14_t_0?_encoding=UTF8&psc=1&refRID=VB9CZN1KAC6C45JGA0G7)
[Starter kit] (https://www.bogleheads.org/)
Porque te dou estes conselhos gratuitamente? Porque devemos ajudar a combater a pobreza e nunca a riqueza.
Read this, my friend: https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/ref=sr_1_1?keywords=bogle&qid=1551396236&s=gateway&sr=8-1
Or just put it into a low fee (typically Vanguard) index based on the S&P 500. You can also put some in a bond index.
Also broad index funds are unmanaged funds, so you're not paying anyone on Wall Street to pick the stocks. If you buy something like a broad index fund based on the S&P 500 the stocks are picked. You don't pay someone. All you pay is a very tiny amount for keeping track of the money.
There are other mutual funds that are managed, which means Wall Street types try to 'beat the market' by picking the winning stocks and knowing when to buy and sell them. Problem is, you have to pay that person, it's part of the fund management cost. And it's actually pretty rare (forget the numbers in a study I just read but it was like 10% over a 5-year period) for managed funds to beat the market once you take out those fees. So you're still trying to get lucky there.
For anyone interested in reading about broad index funds from an admittedly biased view of a heavy proponent, I suggest reading The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by John Bogle, he updated it last year and it's a very easy-to-follow explanation of the benefits of index funds and not too horribly long.
Deeply sorry for your loss. I received some advice as a young man about windfalls that I’ll share with you.
Forget about the money for a year. Open a separate bank account that you won’t see and live like it isn’t there. The lost income from investments for one year will be insignificant compared to the cost of a hurried misstep.
In a year with a clear head and a strong heart educate yourself about different investment philosophies and see which ones resonate with you. Investing is very personal and there isn’t one right answer.
There isn’t a right answer, but be wary of the salesmen. All the money / wealth managers are well compensated for their advice and there are many ways they hide their fees and take advantage of their clients (even fiduciaries). If you’re considering enlisting a professional, a robotic trader like https://www.wealthfront.com/ or https://intelligent.schwab.com/ will serve you just as well with lower fees. If you do decide to enlist an advisor to help formulate a financial plan for you, find a fee-based advisor who you can pay once every few years to update the plan.
Here are a few books that were helpful to me in developing my investment philosophy that allowed me to retire in my early thirties.
Bogleheads / Vanguard Index Funds
https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509
The Richest Man in Babylon (investing philosophy)
https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111
Dave Ramsey / Personal Finance
https://www.amazon.com/Total-Money-Makeover-Financial-Fitness/dp/159555078X
Tax-Free Wealth - Tom Wheelwright / How investments affect your taxes
https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058
Where are the Customer’s Yachts
https://www.amazon.com/Where-Are-Customers-Yachts-Street/dp/0471770892
Hi,
I love books and here are some:
1- A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
2- The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
3- MONEY Master the Game: 7 Simple Steps to Financial Freedom
Good luck
If you're making $500k/week ($500*52 =$26k) you can contribute the max to your Roth IRA of $5500 since you made over $5500. If you also made at least $5500 in 2017 you could do the same for 2017 and 2018 for a total of $11k. Your biggest enemy is going to be taxes, shelter the $ as much as possible.
Find a fee-only financial adviser to help you come up with a plan - no % unless you have no desire to manage your investments. If you don't have any desire to learn about finance then search for a reputable adviser to manage the money. I've heard good things about Northern Trust.
Read this book: https://www.amazon.com/gp/aw/d/1119404509/ref=dp_ob_neva_mobile
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits) - Jack Bogle - Vanguard Founder. No gimmicks. Simple, low-cost, and passive indexing for buy and hold investors.
One Up On Wall Street: How To Use What You Already Know To Make Money In The Market Peter Lynch was a fund manager of one of the most successful actively managed funds. Active investing. Buy companies that are really successful at getting you to buy their product. Observe the world around you type of investing.
I graduated 5 years ago. I have done quite well on the career and finance side so I'll keep my advice to those areas. Here's a 4 section summary of the basics you need to learn to be financially successful
Saving
Investing
Who to get advice from and who to avoid
Jobs
Bogle-heads is a fantastic source of financial information
Vanguard is my go-to investment company.
A Random Walk Down Wall Street
The Little Book of Common Sense Investing
I just started reading A Random Walk Down Wall Street by Burton Malkel (latest edition is 2019), and it's pretty good so far. I've also seen several recommendations for John Bogle's The Little Book of Common Sense Investing, though I haven't read it yet.
There are also free courses on Coursera to get your feet wet (e.g. Robert Shiller's Financial Markets class, Yale Unv). These aren't always designed for your everyday retirement investor, but Shiller's course is still really informative.
there are 3-4 books that I keep at least 2 copies on-hand of, because they are informative and I like giving them to people with no expectation of giving them back.
Ok this sounds like I am talking about religious texts - they aren't. They are:
- Normal Accidents: Living with High-Risk Technologies
- The Checklist Manifesto: How to Get Things Right
- The Bogleheads' Guide to Investing
- The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)
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The first two are must-reads for engineers working in any kind of system, be it computers, electronics, mechanical, or people systems (project management, etc)
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The last 2 I tend to recommend to people who think that reasonable investment awareness and decisions requires a lot of specialized knowledge and attention
Bogle é o fundador da Vanguard. Recomendo o The Little Book of Common Sense Investing. Ele é um ávido defensor de index funds. O livro é interessante porque é bem recente (última edição é do começo deste ano) e portanto atualizado, porém o livro trata o mercado de forma bem conservadora e olhando no longo prazo.
E se não me falha minha menória nos detalhes da história, Bogle foi o cara que na década de 70 pôs em prática a teoria de Graham criando o primeiro index fund do mundo, o Vanguard 500.
Very boring Boglehead-style portfolio: most of my portfolio is VTI, the rest is VSS, with a bit of VNQ and VNQI. Besides that I have an emergency fund of about $100k split between VMFXX and BND.
To get to this style of investing, I really recommend The Little Book of Common Sense Investing.
If you like to read I have read a few books that have quickly made me realize that most people do not need a financial adviser.
Here are my top 3:
A simple path to wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926/ref=sr_1_1?ie=UTF8&qid=1511905350&sr=8-1&keywords=the+simple+path+to+wealth
I will teach you to be Rich: https://www.amazon.com/Will-Teach-You-Be-Rich/dp/0761147489/ref=sr_1_1?s=books&ie=UTF8&qid=1511905370&sr=1-1&keywords=I+will+teach+you+to+be+rich
The little book to common sense investing: https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/ref=sr_1_1?s=books&ie=UTF8&qid=1511905385&sr=1-1&keywords=the+little+book+to+common+sense+investing
Try to target 6-12 months of living expenses. Call this your emergency fund.
Do you have any debt? Pay that off next.
Third, try to invest money in tax advantaged spaces, (IRA, Roth IRA, 401k).
Plenty of good books out there on investing and personal finance. I favor the book below:
The Index Card
Why Personal Finance Doesn't Have to Be Complicated
https://www.amazon.com/Index-Card-Personal-Finance-Complicated/dp/1591847680
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The Little Book of Common Sense Investing
www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509
Checkout The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns https://www.amazon.ca/dp/1119404509/ref=cm_sw_r_cp_apa_i_nT6OCbTN24GQM
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits) https://www.amazon.com/dp/1119404509/ref=cm_sw_r_cp_api_ByPPAbFVPT2WB
There is an ever-growing mountain of evidence that investing in passive, low-cost index funds is far superior to using actively managed funds or choosing stocks on your own.
Spend a few bucks and a few hours on a book like this and it could literally save you a million dollars over your lifetime.
https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/ref=sr_1_1?ie=UTF8&qid=1521049131&sr=8-1&keywords=index+investing&dpID=51D4omHI-gL&preST=_SY291_BO1,204,203,200_QL40_&dpSrc=srch
Assuming you're newer to the topic--or else why else would you be asking for books to understand it--I would start with one of "The Little Book of..."
I recommend for value investing types: https://www.amazon.com/dp/0470624159/ref=cm_sw_r_cp_apa_ZmsUBbTG4X8NJ
And index investing types: https://www.amazon.com/dp/1119404509/ref=cm_sw_r_cp_apa_1psUBbBD9SS81
The best bet is to look into/dump money into a mutual fund--e.g. Vanguard, which holds the most shares of AMD at the moment. John Bogle (who founded Vanguard and pioneered the idea of mutual funds), wrote a nice little book about how to invest that I highly recommend.
Is there any way you can get a cheaper apartment? You make good money and can afford it, but that's still too much to spend on rent, imo.
Also, yes you should max out your 401k. You can put in 19k per year (not including your employer match). So do that and it's like you now have a 86k/year salary and you're getting the best possible jump start on your retirement savings.
Also, I would buy and ready this book: https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/
https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/ref=sr_1_3?crid=W2CECQ9WBQKX&keywords=bogle+investing&qid=1564421033&s=gateway&sprefix=boggle+in%2Caps%2C1064&sr=8-3
Check your local library. They might have it.
Vielleicht mal Eigeninitiative zeigen und etwas lesen?
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Zum Beispiel das hier:
https://www.amazon.de/Little-Book-Common-Sense-Investing/dp/1119404509/ref=dp_ob_title_bk