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03/11/2015

Book Review: The Bogleheads’ Guide to Investing


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Bogleheads

This book, which introduces novice investors to Vanguard Group founder John Bogle’s approach to passive investing, is one investment guide that does not intimidate readers into thinking that investing is so complicated they need professional help. On the contrary, it encourages laypeople to oversee their own investments.

Bogleheads—investors who have adopted Vanguard Group founder John Bogle’s investing philosophy—have morphed from a loose association into a formal group organized around a website that attracts more than 50,000 visits daily. This second edition of The Bogleheads’ Guide to Investing introduces investors to the Boglehead approach to passive investing. Authors Taylor Larimore, Mel Lindauer, and Michael LeBoeuf are all well over 70 years of age, are financially set, and have no hidden agenda. They do not work for Vanguard or any other company, nor do they earn commissions from selling investment products. Furthermore, they would be content if readers borrowed the book from a friend or the library instead of purchasing it.

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