2 ms·
whats a good way to start with a Bogle strategy, as it were? I never heard of this before and I'd like to learn more. Is this sorta like a Buffett rule thing?
by no_wizard 4y ago
whats a good way to start with a Bogle strategy, as it were? I never heard of this before and I'd like to learn more.
Is this sorta like a Buffett rule thing?
- riffraff 4y agoLook at the bogleheads forum and wiki. The idea is just: invest in an index fund, highly diversified, cheap. There are some variations, like using an equity and bond split, but you can just get a world all cap stock ETF and sit back. That's all. It's hard to accept you don't need to know more than this, but it's what most people should be doing.
- wnolens 4y agoI think the book is worth a read if you haven't read anything similar (using index funds as a strategy) - "The Bogleheads' Guide to Investing" else, the forums are where a ton of folks hang out and discuss the minutiae of being boring ;) - https://www.bogleheads.org/forum/index.php https://www.bogleheads.org/forum/index.php
- highwaylights 4y agoBasically it’s just invest consistently over a long period and for all purposes forget about the money (or at least consider it in your mind to be beyond use). An index fund is as close as investing gets to a savings account. It’s not a savings account, and will go down if the market does - but the logic is that unless you think it’s the end of the world then it will recover. So you just play the long game and end up retired comfortably (and probably early, depending on when you start and how hard you go at it). Put the 8% you can reasonably expect into a compound return calculator and it’ll give an idea of what to expect. It’s not clairvoyance though - things (good and bad) will happen along the way and the numbers will adjust accordingly from the guesstimate.