Bogle on mutual funds
Subtitle: new perspectives for the intelligent investor
By: John C. Bogle
Series: Wiley investment classics; Wiley investment classics
Publisher: Wiley & Sons, Incorporated, John
Published: 2015
Language: eng
Number of pages: 320
ISBN-13: 9781119088332
Subjects: Mutual funds; Investments
Other titles: Mutual funds
Description: 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 economy. Bogle, long the mutual fund industry's loudest critic, denounces its misleading advertising, mediocre performance, and selfishness. Sprinkled throughout the text are "caveat emptor" boxes that warn readers of the hidden pitfalls of mutual fund investing. Includes a new introduction by the author. --Publisher's description.
Notes: Originally published 1994 by Dell Publishing ; new 2015 introduction.

Includes bibliographical references (pages 308-310) and index.
Table of contents: title: Building blocks. The rewards of investing ; The risks of investing ; Mutual funds: principles, practicalities, performance; title: Mutual fund selection. How to select a common stock mutual fund ; How to select a bond mutual fund ; How to select a money market fund ; How to select a balanced mutual fund ; Where to get mutual fund information; title: New perspectives on three key issues. Index funds ; Mutual fund costs ; Taxes and mutual funds; title: Practical application of investment principles. The allocation of investment assets ; Mutual fund model portfolios ; A mandate for fund shareholders; title: Twelve pillars of wisdom.