{"product_id":"the-bogleheads-guide-to-the-three-fund-portfolio-isbn-9781119487333","title":"The Bogleheads' Guide to the Three-Fund Portfolio","description":"\u003cp\u003e\u003cb\u003eTwenty benefits from the three-fund total market index portfolio.\u003c\/b\u003e\u003cb\u003e \u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe Bogleheads’ Guide to The Three-Fund Portfolio\u003c\/i\u003e describes the most popular portfolio on the Bogleheads forum. This all-indexed portfolio contains over 15,000 worldwide securities, in just three easily-managed funds, that has outperformed the vast majority of both professional and amateur investors.\u003c\/p\u003e \u003cp\u003eIf you are a new investor, or an experienced investor who wants to simplify and improve your portfolio, \u003ci\u003eThe Bogleheads’ Guide to The Three-Fund Portfolio\u003c\/i\u003e is a short, easy-to-read guide to show you how.\u003c\/p\u003e \u003cp\u003eForeword by John C. Bogle xi\u003c\/p\u003e \u003cp\u003ePreface: the History of the Bogleheads’ Three-fund Portfolio xvii\u003c\/p\u003e \u003cp\u003eAcknowledgments xxv\u003c\/p\u003e \u003cp\u003eChapter 1 The Investment Industry 1\u003c\/p\u003e \u003cp\u003eChapter 2 John C. Bogle—The Investor’s Best Friend 5\u003c\/p\u003e \u003cp\u003eChapter 3 John Bogle Introduces Three Total Market\u003c\/p\u003e \u003cp\u003eIndex Funds 9\u003c\/p\u003e \u003cp\u003eChapter 4 Twenty Benefits of Total Market Index Funds (In No Particular Order) 13\u003c\/p\u003e \u003cp\u003eBenefit 1: No Advisor Risk 14\u003c\/p\u003e \u003cp\u003eBenefit 2: No Asset Bloat 17\u003c\/p\u003e \u003cp\u003eBenefit 3: No Index Front Running 19\u003c\/p\u003e \u003cp\u003eBenefit 4: No Fund Manager Risk 20\u003c\/p\u003e \u003cp\u003eBenefit 5: No Individual Stock Risk 22\u003c\/p\u003e \u003cp\u003eBenefit 6: No Overlap 24\u003c\/p\u003e \u003cp\u003eBenefit 8: No Style Drift 26\u003c\/p\u003e \u003cp\u003eBenefit 9: Low Tracking Error 27\u003c\/p\u003e \u003cp\u003eBenefit 10: Above-Average Return 28\u003c\/p\u003e \u003cp\u003eBenefit 11: Simplified Contributions and Withdrawals 32\u003c\/p\u003e \u003cp\u003eBenefit 12: The Benefit of Consistency 33\u003c\/p\u003e \u003cp\u003eBenefit 13: Low Turnover 34\u003c\/p\u003e \u003cp\u003eBenefit 14: Low Costs 35\u003c\/p\u003e \u003cp\u003eBenefit 15: Maximum Diversification (lower risk) 38\u003c\/p\u003e \u003cp\u003eBenefit 16: Portfolio Efficiency (best risk\/return ratio) 39\u003c\/p\u003e \u003cp\u003eBenefit 17: Low Maintenance 40\u003c\/p\u003e \u003cp\u003eBenefit 18: Easy to Rebalance 41\u003c\/p\u003e \u003cp\u003eBenefit 19: Tax Efficiency 42\u003c\/p\u003e \u003cp\u003eBenefit 20: Simplicity (for investors, caregivers, and heirs) 44\u003c\/p\u003e \u003cp\u003eChapter 5 Getting Started 49\u003c\/p\u003e \u003cp\u003eChapter 6 Stay the Course 59\u003c\/p\u003e \u003cp\u003eAppendix I: What Experts S Ay 63\u003c\/p\u003e \u003cp\u003eAppendix II: Meet the Bogleheads 69\u003c\/p\u003e \u003cp\u003eGlossary of Financial Terms 75\u003c\/p\u003e \u003cp\u003eIndex 79\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eTAYLOR LARIMORE\u003c\/b\u003e is a sage on the Boglehead forums for everyone who wants to discover \"the Boglehead way.\" Crowned the \"King of the Bogleheads\" by Jack Bogle, he has spent more than seven decades in finance and investing, in such positions as revenue officer for the IRS, chief of the Financial Division for the Small Business Administration in South Florida, and a director of the Dade County Housing Finance Authority. He is co-author of \u003ci\u003eThe Bogleheads' Guide to Investing\u003c\/i\u003e and \u003ci\u003eThe Bogleheads' Guide to Retirement Planning.\u003c\/i\u003e    \u003c\/p\u003e\u003cp\u003eInvesting doesn't need to be complicated. In fact, there's a lot of data and analysis showing the most profitable portfolios are the simplest. Taylor Larimore is recognized as a bona fide expert on Jack Bogle's low-cost, buy-and-hold investment strategy. He's substantially grown his own portfolio and shown many others how to do the same based on Bogle's philosophy, and in \u003ci\u003eThe Bogleheads' Guide to the Three-Fund Portfolio,\u003c\/i\u003e he shares the blueprint to his personal approach to index investing approved by Jack himself. \u003c\/p\u003e\u003cp\u003eThis groundbreaking guide in the Boglehead series offers the most straightforward system for developing an indexed portfolio that will outperform actively-managed ones over time. Through step-by-step explanations, it shows you how to ensure your financial security by investing in the three market index funds—U.S. stocks, non-U.S. stocks, and U.S. bonds. The key to capturing the most return with this strategy lies in allocation, and the guidance inside offers an illuminating depth of coverage on the nuanced ways to balance a portfolio based on your age, income, goals, tolerance for risk, and personal comfort level with volatility. \u003c\/p\u003e\u003cp\u003eFor people just entering the workforce as well as those closing in on retirement, this single resource ensures a brighter financial future by enabling you to: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eEliminate a large handful of risks  associated with other investing methods,   including manager choice, individual  stock and sector vulnerabilities, tracking   error, and more\u003c\/li\u003e \u003cli\u003eAvoid the most common ways investors  lose money trying to make it, including  stock picking, market timing, useless  newsletters, and expensive advisors\u003c\/li\u003e \u003cli\u003ePrepare yourself to invest real money  by hearing from a diverse collection of  everyday investors successfully using  the approach, including model allocation  strategies and tips\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFollow the simple path to financial security in\u003ci\u003e The Bogleheads' Guide to the Three-Fund Portfolio.\u003c\/i\u003e  \u003c\/p\u003e\u003cp\u003e\"Simple. Powerful. And unbeatable. Read it, execute it, then retire in comfort and sleep like a baby.\"\u003cbr\u003e—\u003cb\u003eWilliam J. Bernstein,\u003c\/b\u003e bestselling author of \u003ci\u003eThe Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eDiscover How Focused Investing Can Lead to Tremendous Financial Growth\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe Bogleheads' Guide to the Three-Fund Portfolio\u003c\/i\u003e shows you how to get better returns than the majority of professional advisors with just three index funds and a buy-and-hold strategy.\u003c\/p\u003e \u003cp\u003eSound too good to be true? Not to the legions of investors who have already amassed fortunes following the philosophy of iconic investor and founder of The Vanguard Group, Jack Bogle. Whether you want to start investing or need better returns, this comprehensive guide walks you step-by-step through determining the proper allocation of your assets, choosing smart investments, and managing your portfolio over time—without losing sleep or money!\u003c\/p\u003e \u003cp\u003eIn his inspiring Foreword, Jack puts his seal of approval on this powerful and easy-to-use resource, which provides:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eA five-step solution to securing wealth in Bull and Bear Markets\u003c\/li\u003e \u003cli\u003eActionable plans for capturing more market returns than many professional investors\u003c\/li\u003e \u003cli\u003eInsights and commentary from celebrated and everyday Boglehead investors\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eDiscover the stress-free approach to reaching your financial goals with \u003ci\u003eThe Bogleheads' Guide to the Three-Fund Portfolio\u003c\/i\u003e.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990176645349,"sku":"NP9781119487333","price":28.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119487333.jpg?v=1761786797","url":"https:\/\/k12savings.com\/products\/the-bogleheads-guide-to-the-three-fund-portfolio-isbn-9781119487333","provider":"K12savings","version":"1.0","type":"link"}