Bogleheads' Guide To Investing

Bogleheads' Guide To Investing

Taylor Larimore, Mel Lindauer, Michael LeBoeuf

📅 Finished on: 2020-04-24

💰 Economy
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Tune Out The Noise - Master Your Emotions

• Start investing early, the power of compound interest! • Stocks, bonds, ETFs: covers these topics in detail, US-focused • Keep it simple: invest in core index ETFs (the usual advice) • Different portfolio combinations: 80/20 is interesting, but to avoid rebalancing, 100% is appealing • Breakdown of costs; minimize all of them (and check carefully for any hidden fees at your broker) • Managing unexpected windfalls + advisor guidance • Ignore media noise, with various examples of missteps • Various examples of harmful emotional behaviors: ego, paralysis, fear, ignorance, anchoring, recency bias