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Thursday, August 29, 2013

Tea with Solace: Common Sense Investing.

This is a book recommendation by Solace, the same person who recommended "The Little Book That Beats The Market" a few weeks ago:

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

Bogle's main point is that the best (most efficient) investment strategy is to buy and hold all publicly traded US businesses at a low cost. He recommends this very simple approach as a superior alternative to the incredibly complex array of specific investment options available today. He describes this as Bogle's Corollary: "Don't look for the needle in the haystack. Just buy the haystack!" - Chad Warner

Related posts:
1. The Little Book That Beats The Market.
2. Tea with Solace.
3. Blue Chip Investment Plan.
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2 comments:

  1. SolaceAugust 29, 2013 at 11:07 PM

    Hi AK,

    I become interest in the topic of mutual funds and index funds, when some of my friends insisted that picking the correct fund house and fund managers can give a even better return compare to a benchmark (STI, S&P 500) e.g

    I did studies on my own and found this to be hardly true. Hence, i am confident that a well managed index fund that track the stock index will perform better over the long term compared to a mutual fund house.

    This book is for readers who are interested in this area. Hopefully, this book can explains more.

    ReplyDelete
  2. AK71August 29, 2013 at 11:23 PM

    Hi Solace,

    I always say that there are many roads to "Rome". This is one. :)

    Thanks again for sharing this. ;)

    ReplyDelete