Bogle On Mutual Funds

John C. Bogle 지음

Wiley 2015년 04월 10일 출간

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The smarter approach to mutual fund investing, from the industry-defining expert Bogle On Mutual Funds contains the industry-defining wisdom of the mutual fund pioneer John C. Bogle to help you identify and execute the ideal mutual fund investment for your portfolio. The former Vanguard Chief Executive, Bogle has long been mutual funds' most outspoken critic; in this book, he gives you the low down on what you should and shouldn't believe when it comes to mutual funds. You'll learn the differences between common stock, bond, money market, and balanced funds, and why a passively managed "index" fund is a smarter investment than a fund managed by someone making weighted bets on individual securities, sectors, and the economy. Bogle reveals the truth behind the advertising, the mediocre performance, and selfishness, and highlights the common mistakes many investors make. An industry giant with a proven performance record and an acclaimed reputation for investor activism and shrewd management, John C. Bogle continues to push the industry to new heights. This book gives you his personal perspective on mutual funds, and how to approach them for the best possible outcome. Consider the risks and rewards of investing in mutual funds Learn how to choose between the four basic types of funds Choose the lower-cost, more reliable investment structure See through misleading advertising, and watch out for pitfalls Much of what you've heard about mutual funds is misleading at best, flat-out wrong at worst. When structured appropriately and approached with realistic expectations, the right mutual fund can be a valuable addition to any portfolio. Bogle On Mutual Funds shows you how to do it right, with the expert perspective of an industry leader.

목차

Caveat Emptor Index xxxvii Part I BUILDING BLOCKS 1 Chapter One THE REWARDS OF INVESTING 3 Chapter Two THE RISKS OF INVESTING 24 Chapter Three MUTUAL FUNDS: PRINCIPLES, PRACTICALITIES,&PERFORMANCE 48 Part II MUTUAL FUND SELECTION 65 Chapter Four HOW TO SELECT A COMMON STOCK MUTUAL FUND 67 Chapter Five HOW TO SELECT A BOND MUTUAL FUND 97 Chapter Six HOW TO SELECT A MONEY MARKET FUND 120 Chapter Seven HOW TO SELECT A BALANCED MUTUAL FUND 135 Chapter Eight WHERE TO GET MUTUAL FUND INFORMATION 147 Part III NEW PERSPECTIVES ON THREE KEY ISSUES 167 Chapter Nine INDEX FUNDS 169 Chapter Ten MUTUAL FUND COSTS 190 Chapter Eleven TAXES AND MUTUAL FUNDS 209 Part IV PRACTICAL APPLICATION OF INVESTMENT PRINCIPLES 233 Chapter Twelve THE ALLOCATION OF INVESTMENT ASSETS 235 Chapter Thirteen MUTUAL FUND MODEL PORTFOLIOS 259 Chapter Fourteen A MANDATE FOR FUND SHAREHOLDERS 280 Epilogue TWELVE PILLARS OF WISDOM 303 Notes 308 Index 311

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저자(글) John C. Bogle

JOHN C. BOGLE is founder and former chairman of the Vanguard Group of mutual funds and President of its Bogle Financial Markets Research Center. After creating Vanguard in 1974, he served as chairman and chief executive officer until 1996 and senior chairman until 2000. Bogle is the author of ten books, including Enough.: True Measures of Money, Business, and Life, The Little Book of Common Sense Investing, and Clash of the Cultures: Investment vs. Speculation, all published by Wiley.