Bogle On Mutual Funds

Bogle On Mutual Funds : New Perspectives For The Intelligent Investor

4.01 (351 ratings by Goodreads)
By (author) 

Free delivery worldwide

Available. Expected delivery to the United States in 9-14 business days.


Not ordering to the United States? Click here.

Description

The seminal work on mutual funds investing is now a Wiley Investment Classic Certain books have redefined the way we view the world of finance and investing books that should be on every investor s shelf. Bogle On Mutual Funds the definitive work on mutual fund investing by one of finance s great luminaries is just such a work, and has been added to the catalog of Wiley s Investment Classic collection. Updated with a new introduction by expert John Bogle, this comprehensive book provides investors with the wisdom of the pioneer of mutual funds to help you identify and execute the ideal mutual fund investment choices for your portfolio. The former Vanguard Chief Executive, Bogle has long been mutual funds' most outspoken critic; in this classic book, he provides guidance on what you should and shouldn't believe when it comes to mutual funds, along with the story of persistence and perseverance that led to this seminal work. You'll learn the differences between common stock, bond, money market, and balanced funds, and why a passively managed "index" fund is a smarter investment than a fund managed by someone making weighted bets on individual securities, sectors, and the economy.
Bogle reveals the truth behind the advertising, the mediocre performance, and selfishness, and highlights the common mistakes many investors make. * Consider the risks and rewards of investing in mutual funds * Learn how to choose between the four basic types of funds * Choose the lower-cost, more reliable investment structure * See through misleading advertising, and watch out for pitfalls Take a look into this timeless classic and let Bogle On Mutual Funds show you how to invest in mutual funds the right way, with the expert perspective of an industry leader.
show more

Product details

  • Hardback | 368 pages
  • 155 x 245 x 30mm | 578g
  • New York, United States
  • English
  • 111908833X
  • 9781119088332
  • 70,633

Flap copy

John Bogle--investment giant and founder of the Vanguard Group of mutual funds---offers a hands-on guide for creating a long-term investment program that can be tailored to any investor's financial goals. Written in down-to-earth terms for investors at any level, Bogle on -Mutual Funds: New Perspectives for the Intelligent Investor explores the rewards of investing, the inherent investment risks, and the pitfalls to avoid. Drawing on his years of investment wisdom and success, Bogle outlines the time-tested principles and practicalities of investing through mutual funds.

At the heart of Bogle's analysis are three "New Perspectives" on key investment issues. When the first edition of Bogle on Mutual Funds was published in 1993, these topics had not been given much attention in financial literature. Today, however, these ideas are firmly in the mainstream of investing's conventional wisdom. Those three new perspectives--index funds, mutual fund costs, and taxes and mutual funds--remain critically important topics for mutual fund investors to consider. Bogle shows the way to intelligently navigate these issues in order to maximize your chances for investment success.

Bogle's approach to mutual fund investing offers an effective method for developing a broadly diversified investment program. Step by step, he shows how to develop a long-term and strategic investing approach that balances the myriad market risks and shows how to manage the bumps along the volatile road of the marketplace. With Bogle on your side, you can learn how to spot excessive fees, reduce taxes, steer clear of overblown advertising claims, and ultimately create a portfolio that will meet your own financial objectives.

Bogle on Mutual Funds gives investors the keys to adopting an effective asset allocation strategy, selecting appropriate mutual funds, and employing the savvy use of index funds. Fundamental to the Bogle approach is an understanding of the role of the many costs of investing, including advisory fees, operating expenses, and sales charges. Return, risk, and cost are the three legs of Bogle's eternal triangle of investing.

John Bogle has built his acclaimed mutual fund company on the fundamental principles of candor, fairness, and low cost. Bogle on Mutual Funds: New Perspectives for the -Intelligent -Investor, his first book, has become a classic. The framework it presents for creating an -investment portfolio is well grounded in Bogle's fact-founded wisdom and guiding -principles, proven over and over again during the near-quarter-century since its first publication in 1993.
show more

Back cover copy

John Bogle--investment giant and founder of the Vanguard Group of mutual funds--offers a hands-on guide for creating a long-term investment program that can be tailored to any investor's financial goals. Written in down-to-earth terms for investors at any level, Bogle on Mutual Funds: New Perspectives for the Intelligent Investor explores the rewards of investing, the inherent investment risks, and the pitfalls to avoid. Drawing on his years of investment wisdom and success, Bogle outlines the time-tested principles and practicalities of investing through mutual funds.

At the heart of Bogle's analysis are three "New Perspectives" on key investment issues. When the first edition of Bogle on Mutual Funds was published in 1993, these topics had not been given much attention in financial literature. Today, however, these ideas are firmly in the mainstream of investing's conventional wisdom. Those three new perspectives--index funds, mutual fund costs, and taxes and mutual funds-- remain critically important topics for mutual fund investors to consider. Bogle shows the way to intelligently navigate these issues in order to maximize your chances for investment success.

Bogle's approach to mutual fund investing offers an effective method for developing a broadly diversified investment program. Step by step, he shows how to develop a long-term and strategic investing approach that balances the myriad market risks and shows how to manage the bumps along the volatile road of the marketplace. With Bogle on your side, you can learn how to spot excessive fees, reduce taxes, steer clear of overblown advertising claims, and ultimately create a portfolio that will meet your own financial objectives.

Bogle on Mutual Funds gives investors the keys to adopting an effective asset allocation strategy, selecting appropriate mutual funds, and employing the savvy use of index funds. Fundamental to the Bogle approach is an understanding of the role of the many costs of investing, including advisory fees, operating expenses, and sales charges. Return, risk, and cost are the three legs of Bogle's eternal triangle of investing.

John Bogle has built his acclaimed mutual fund company on the fundamental principles of candor, fairness, and low cost. Bogle on Mutual Funds: New Perspectives for the Intelligent Investor, his first book, has become a classic. The framework it presents for creating an investment portfolio is well grounded in Bogle's fact-founded wisdom and guiding principles, proven over and over again during the near-quarter-century since its first publication in 1993.
show more

Table of contents

Caveat Emptor Index xxxvii Part I BUILDING BLOCKS 1 Chapter One THE REWARDS OF INVESTING 3 Chapter Two THE RISKS OF INVESTING 24 Chapter Three MUTUAL FUNDS: PRINCIPLES, PRACTICALITIES, PERFORMANCE 48 Part II MUTUAL FUND SELECTION 65 Chapter Four HOW TO SELECT A COMMON STOCK MUTUAL FUND 67 Chapter Five HOW TO SELECT A BOND MUTUAL FUND 97 Chapter Six HOW TO SELECT A MONEY MARKET FUND 120 Chapter Seven HOW TO SELECT A BALANCED MUTUAL FUND 135 Chapter Eight WHERE TO GET MUTUAL FUND INFORMATION 147 Part III NEW PERSPECTIVES ON THREE KEY ISSUES 167 Chapter Nine INDEX FUNDS 169 Chapter Ten MUTUAL FUND COSTS 190 Chapter Eleven TAXES AND MUTUAL FUNDS 209 Part IV PRACTICAL APPLICATION OF INVESTMENT PRINCIPLES 233 Chapter Twelve THE ALLOCATION OF INVESTMENT ASSETS 235 Chapter Thirteen MUTUAL FUND MODEL PORTFOLIOS 259 Chapter Fourteen A MANDATE FOR FUND SHAREHOLDERS 280 Epilogue TWELVE PILLARS OF WISDOM 303 Notes 308 Index 311
show more

Review quote

No investor can be called intelligent who doesn t understand the principles Bogle articulates in this book. The investor may still decide to try his hand at outperforming the market, but he should know what he s up against. Investing.com
show more

About John C. Bogle

JOHN C. BOGLE is founder and former chairman of the Vanguard Group of mutual funds and President of its Bogle Financial Markets Research Center. After creating Vanguard in 1974, he served as chairman and chief executive officer until 1996 and senior chairman until 2000. Bogle is the author of ten books, including Enough.: True Measures of Money, Business, and Life, The Little Book of Common Sense Investing, and Clash of the Cultures: Investment vs. Speculation, all published by Wiley.
show more

Rating details

351 ratings
4.01 out of 5 stars
5 34% (121)
4 38% (135)
3 21% (75)
2 5% (18)
1 1% (2)
Book ratings by Goodreads
Goodreads is the world's largest site for readers with over 50 million reviews. We're featuring millions of their reader ratings on our book pages to help you find your new favourite book. Close X