Twenty benefits from the three-fund total market index portfolio.
The Bogleheads’ Guide to The Three-Fund Portfolio describes the most popular portfolio on the Bogleheads forum. This all-indexed portfolio contains over 15,000 worldwide securities, in just three easily-managed funds, that has outperformed the vast majority of both professional and amateur investors.
If you are a new investor, or an experienced investor who wants to simplify and improve your portfolio, The Bogleheads’ Guide to The Three-Fund Portfolio is a short, easy-to-read guide to show you how.
By:
Taylor Larimore
Foreword by:
John C. Bogle
Imprint: John Wiley & Sons Inc
Country of Publication: United States
Dimensions:
Height: 211mm,
Width: 137mm,
Spine: 13mm
Weight: 136g
ISBN: 9781394330959
ISBN 10: 1394330952
Pages: 112
Publication Date: 09 May 2025
Audience:
General/trade
,
ELT Advanced
Format: Paperback
Publisher's Status: Active
FOREWORD BY JOHN C. BOGLE xi PREFACE: THE HISTORY OF THE BOGLEHEADS' THREE-FUND PORTFOLIO xvii ACKNOWLEDGMENTS xxv CHAPTER 1: THE INVESTMENT INDUSTRY 1 CHAPTER 2: JOHN C. BOGLE—THE INVESTOR'S BEST FRIEND 5 CHAPTER 3: JOHN BOGLE INTRODUCES THREE TOTAL MARKET INDEX FUNDS 9 CHAPTER 4: TWENTY BENEFITS OF TOTAL MARKET INDEX FUNDS (IN NO PARTICULAR ORDER) 13 Benefit1: No Advisor Risk 14 Benefit2: No Asset Bloat 17 Benefit3: No Index Front Running 19 Benefit4: No Fund Manager Risk 20 Benefit5: No Individual Stock Risk 22 Benefit6: No Overlap 24 Benefit7: No Sector Risk 25 Benefit8: No Style Drift 26 Benefit9: Low Tracking Error 27 Benefit10: Above-Average Return 28 Benefit11: Simplified Contributions and Withdrawals 32 Benefit12: The Benefit of Consistency 33 Benefit13: Low Turnover 34 Benefit14: Low Costs 35 Benefit15: Maximum Diversification (lower risk) 38 Benefit16: Portfolio Efficiency (best risk/return ratio) 39 Benefit17: Low Maintenance 40 Benefit18: Easy to Rebalance 41 Benefit19: Tax Efficiency 42 Benefit20: Simplicity (for investors, caregivers, and heirs) 44 CHAPTER 5: GETTING STARTED 49 CHAPTER 6: STAY THE COURSE 59 APPENDIX I: WHAT EXPERTS SAY 63 APPENDIX II: MEET THE BOGLEHEADS 69 GLOSSARY OF FINANCIAL TERMS 75 INDEX 79
TAYLOR LARIMORE is a sage on the Boglehead forums for everyone who wants to discover “the Boglehead way.” Crowned the “King of the Bogleheads” by Jack Bogle, he has spent more than seven decades in finance and investing, in such positions as revenue officer for the IRS, chief of the Financial Division for the Small Business Administration in South Florida, and a director of the Dade County Housing Finance Authority. He is co-author of The Bogleheads’ Guide to Investing and The Bogleheads’ Guide to Retirement Planning.
