The Bogleheads’ Guide to the Three-Fund Portfolio: How a Simple Portfolio of Three Total Market Index Funds Outperforms Most Investors with Less Risk

Praise for The Bogleheads’ Guide to the Three-Fund Portfolio

Contents

Foreword

Preface

Acknowledgments

CHAPTER ONE The Investment Industry

CHAPTER TWO John C. Bogle—The Investor’s Best Friend

CHAPTER THREE John Bogle Introduces Three Total Market Index Funds

CHAPTER FOUR Twenty Benefits of Total Market Index Funds (in no particular order)

BENEFIT 1: NO ADVISOR RISK

BENEFIT 2: NO ASSET BLOAT

BENEFIT 3: NO INDEX FRONT RUNNING

BENEFIT 4: NO FUND MANAGER RISK

Specific Fund Manager Risks

BENEFIT 5: NO INDIVIDUAL STOCK RISK

BENEFIT 6: NO OVERLAP

BENEFIT 7: NO SECTOR RISK

BENEFIT 8: NO STYLE DRIFT

BENEFIT 9: LOW TRACKING ERROR

BENEFIT 10: ABOVE-AVERAGE RETURN

BENEFIT 11: SIMPLIFIED CONTRIBUTIONS AND WITHDRAWALS

BENEFIT 12: THE BENEFIT OF CONSISTENCY

BENEFIT 13: LOW TURNOVER

BENEFIT 14: LOW COSTS

BENEFIT 15: MAXIMUM DIVERSIFICATION (LOWER RISK)

BENEFIT 16: PORTFOLIO EFFICIENCY (BEST RISK/RETURN RATIO)

BENEFIT 17: LOW MAINTENANCE

BENEFIT 18: EASY TO REBALANCE

BENEFIT 19: TAX EFFICIENCY

BENEFIT 20: SIMPLICITY (FOR INVESTORS, CAREGIVERS, AND HEIRS)

CHAPTER FIVE Getting Started

CHAPTER SIX Stay the Course

APPENDIX I What Experts Say

APPENDIX II Meet the Bogleheads: Mel Lindauer, President, The John C. Bogle Center for Financial Literacy

EARLY HISTORY

BOGLEHEAD CONFERENCES

THE BIG MOVE

FORUM STATISTICS

LOCAL CHAPTERS

WIKI

BOGLEHEADS BOOKS

THE JOHN C. BOGLE CENTER FOR FINANCIAL LITERACY

Glossary of Financial Terms

Index

EULA