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|  | Author: John C. Bogle Publisher: Wiley
List Price: $19.95 Buy New: $8.99 as of 11/24/2009 16:46 CST details You Save: $10.96 (55%)
New (62) Used (24) from $8.67
Seller: jrm145 Rating: 91 reviews Sales Rank: 2938
Languages: English (Original Language), English (Unknown), English (Published) Media: Hardcover Pages: 216 Number Of Items: 1 Shipping Weight (lbs): 0.6 Dimensions (in): 7.1 x 5.2 x 1.1
ISBN: 0470102101 Dewey Decimal Number: 332.6327 EAN: 9780470102107 ASIN: 0470102101
Publication Date: March 5, 2007 Availability: Usually ships in 1-2 business days Condition: excelent condition
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| Customer Reviews:
Showing reviews 26-30 of 91
Common Sense April 11, 2008 James Crawford (MD) 1 out of 2 found this review helpful
By the end of this book, it really will be common sense to you that investing in index funds is the best idea for your retirement. The facts are laid out and the point is hammered home. You certainly can't go wrong with the advice contained in this book.
However, if you desire a little more excitement (and potential returns) in your investing adventures, you will want to broaden your horizons a bit more.
A Great Book for the Average Investor April 5, 2008 L. Ullman (Ohio) 1 out of 1 found this review helpful
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Book Big Profits)
This is a fine book for most investors. It is easy to read and gives the reader an investment philosophy which will be invaluable if followed in the future. I recommend this book highly.
The Little Book of common Sense Investing: April 2, 2008 David Eastlake 1 out of 1 found this review helpful
I liked this book a great deal, and found it very informative. I have changed the way I invest because of this book. I recommend it highly.
The narrow focus on how sensible it is indeed to invest in index funds tends to understate stock market risk itself March 11, 2008 andris virsnieks (Seattle, WA USA) 1 out of 1 found this review helpful
In the introduction it is stated that: "Only stock market risk remains." (if you invest in index funds). The "Only" should have been been a big BUT. On page 69 Mr. Bogle writes: "Common sense tells us that we are facing an era of subdued returns in the stock market." This would have been a good place to add that index funds could in fact also guarantee you your fair share of devastating loses for a decade or two. It has happened before.
In 1990 the Japan Nikki 225 was about 40,0000. 13 years later in 2003 it was about 8,000. A decline of 80%. In 2008 it has increased by 62% to about 13,000 but still down a stunning 68%, 17 years after the peak in 1990. And here and now in America the stock market, index funds and all, is trading where it was nine year ago. The S&P 500 - stock index finished at 1352.99 on March 25, 2008, below the 1362.80 it was in April 1999. Since 1999 gold has had an annualized total return on investment of 14.51% and real estate (REITs) 14.11% (see March 26,2008 WSJ for more details). A recession and stagflation could could cause the decline to go on and on but no one knows. During the Great Depression stocks lost 90% of their value and then took 25 years to recover.
This is a fine book but the focus on just stocks and bonds, common sense should tell you is too narrow. It makes sense to be more broadly diversified. Hard assets like gold and sensibly priced (monthly rent 1% of price) income property that will protect you when index funds continue to let you down down down.
Today when I become a little sad from looking at how my index funds are doing I get cheered by reading my property manager's report about my investment in half a dozen condominiums (in fact they make me so happy I wrote a how-to book about them) and by looking up the price of gold.
Provides practical advice on long term investing February 22, 2008 Mark Ackerman (Mount Prospect, IL United States) This book provides much evidence supporting the use of broadly diversified Index Funds as a primary means of investing for the long term. By following the advice in this book, you will very likely earn more than the average mutual fund investor and spend less time managing your investments. The book is a little redundant in its message, but the advice is valuable. I would also recommend the book "The Only Investment Guide You'll Ever Need" by Andrew Tobias.
Showing reviews 26-30 of 91
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