The Bogleheads' Guide to the Three-Fund Portfolio

Investing 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 The Bogleheads' Guide to the Three-Fund Portfolio, he shares the blueprint to his personal approach to index investing approved by Jack himself. This 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. For 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: Eliminate a large handful of risks associated with other investing methods, including manager choice, individual stock and sector vulnerabilities, tracking error, and more Avoid the most common ways investors lose money trying to make it, including stock picking, market timing, useless newsletters, and expensive advisors Prepare yourself to invest real money by hearing from a diverse collection of everyday investors successfully using the approach, including model allocation strategies and tips Follow the simple path to financial security in The Bogleheads' Guide to the Three-Fund Portfolio.