Ebook: Bogle on mutual funds : new perspectives for the intelligent investor
Author: Bogle John C.
- Tags: Mutual funds, Investments, BUSINESS & ECONOMICS -- Investments & Securities
- Series: Wiley investment classics.
- Year: 2015
- Publisher: John Wiley & Sons
- Language: English
- epub
John C. Bogle, founder of Vanguard, thoroughly discusses the risks and rewards of investing in mutual funds. He explains how to select among the four basic categories of funds: common stock, bond, money market, and balanced. He argues convincingly that a passively managed "index fund" costs less and is more reliable than a fund managed by someone making weighted bets on individual securities, sectors, and the Read more...