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I give a summary of The Little Book of Common Sense Investing by John Bogle. In short: you NEED to be investing in #IndexFunds! John Bogle is the founder of The Vanguard Group and the creator of the first index fund. The total market index fund tracks the performance of nearly all publicly traded companies, enabling investors to invest into the entire market with one simple investment. The main points of discussion in this video include: 00:00 - Intro 0:37 - Who is the author, John Bogle? 1:33 - What is an Index Fund? 2:59 - Index Funds vs. Mutual Funds 5:48 - Index Funds vs. Individual Stock Picking 7:12 - Index Funds vs. ETFs 8:44 - Index Funds vs. Bonds 9:43 - The Case for Index Fund Investing In this video, I take a look at some of the main points of this book, as argued by #JohnBogle. We'll explore some of the biggest advantages of the index fund, as well as the biggest disadvantages of your alternative options. When it comes down to it, index funds offer great advantages over other investment vehicles. For one, index funds provide maximum diversification. By holding the entire market, you are protected from the risk of over-investing in a specific business or market sector. This also means that your portfolio's value will be less volatile, since there are many other businesses that will hold their value if a specific stock takes a big hit. Second, index funds are one of the cheapest ways to invest. Mutual funds and ETFs often charge exorbitant management fees, which will eat into your returns year over year. Even fees of just 1% or 2% will compound, costing you thousands of dollars in the long-run. Most index funds, especially those offered by Vanguard, have annual fees less than .1%. With free investment platforms like Robinhood, WeBull and M1 Finance, it's never been cheaper to invest. Third, index funds have lower tax costs than any alternative. Taxes are a big cost you need to consider when investing. The more you can avoid taxes, the more money you'll make. Unlike stock trading and mutual fund investing, index funds have minimal portfolio turnover. This means no capital gains tax until you sell many years down the road. Finally, index funds guarantee that you secure every bit of returns that the total stock market sees. When you invest in anything less than the whole market, you can miss out on profits and gains that develop outside of your portfolio. By holding everything at once, you are sure to get every piece of growth that the total market experiences. With all these factors considered, I've completely reconsidered by approach to #investing. Personally, I'm putting a lot of weight in index funds moving forward, as they seem to be a safe, efficient and reliable investment. Whether you agree or disagree, I'd love to hear your thoughts in the comments! Want to get The Little Book of Common Sense Investing for FREE? Sign-up for a free trial at Audible and get 2 free audiobooks. Believe me, your investment portfolio will thank you. https://amzn.to/2ZnTZ61 Alternatively, buy a physical copy of the book here: https://amzn.to/3gT6Gfc Sign up to invest with M1 Finance and get $10 free! This is my personal favorite investing app, and where I am investing in index funds! https://m1.finance/apNm3hKCZsWC DISCLAIMER: NOT FINANCIAL ADVICE. The content in this video should not be used as the basis for any investment decision. I am simply sharing the arguments put forth in The Little Book of Common Sense Investing. I am not a financial advisor, so I encourage you to do your own research and discuss your goals with a financial professional to determine if index funds are appropriate for you. I have done my best to ensure that the information provided in this video is accurate, but it does not paint a full picture of the investment landscape. Again, I encourage you to develop your own knowledge on these subjects before making any investment decisions. Additionally, some of the links contained in this description are affiliate links. I may earn a commission via the Amazon Affiliate Program or M1 Finance should you choose to purchase or sign up at the links provided.