Bogle on Mutual Funds New Perspectives for the Intelligent Investor

by BOGLE, JOHN

• ISBN13: 9780440506829
• ISBN10: 0440506824
• Edition: Reprint
• Format: Paperback
• Copyright: 1994-10-04
• Publisher: Dell

Summary

John C. Bogle, founder of the Vanguard Group of Investment Companies, has built a $100 billion mutual fund company on principles of candor, fairness, and low cost. The most outspoken critic of the mutual fund industry, Bogle speaks to the serious mutual fund investor, both novice and seasoned, in this straightforward assessment of an industry Bogle himself helped revolutionize. Here he offers the essential principles of canny mutual fund investing, as well as caveats to protect the investor. Readers will learn how to: Ask three critical questions before investing. Evaluate risk tolerance and design a portfolio to meet current financial objectives. Develop a diversified portfolio of equity funds, bonds, and money market funds that will weather the market's short term variations. Apply Bogle's eight model portfolios to achieve their own financial goals. Always find themselves in a winning money market fund. Protect themselves from inflation Use index funds to effectively balance risk/return. Anyone who is serious about mutual funds can apply the dynamic investment principles of Bogle On Mutual Fundsto establish a winning, long-term investment portfolio.

Author Biography

John Bogle is founder of The Vanguard Group, Inc., one of the largest mutual fund organizations in the world, and president of the Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as chairman and CEO until 1996 and senior chairman until 2000. In 2004, Time named Bogle one of the world's 100 most powerful and influential people, and Institutional Investor presented him with its Lifetime Achievement Award. In 1999, Fortune designated him as one of the investment industry's four "Giants of the 20th Century." In the same year, he received the Woodrow Wilson Award from Princeton University for distinguished achievement in the nation's service." He lives in Bryn Mawr, Pennsylvania.

Table of Contents

Building Blocks

The Rewards of Investing

The Risks of Investing

Mutual Funds

How to Select a Common Stock Mutual Fun

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

New Perspectives on Three Key Issues

Index Funds

Mutual Fund Costs

Taxes and Mutual Funds

Practical Application of Investment Principles

The Allocation of Investment Assets

Mutual Fund Model Portfolios

A Mandate for Fund Shareholders

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