Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winner's game. Trying to beat the stock market is theoretically a zero-sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loser's game. Common sense tells us--and history confirms--that the simplest and most efficient investment strategy is to buy and hold all of the nation's publicly held businesses at very low cost. The classic index fund that owns this market portfolio is the only investment that guarantees you with your fair share of stock market returns. To learn how to make index investing work for you, there's no better mentor than legendary mutual fund industry veteran John C. Bogle. Over the course of his long career, Bogle--founder of the Vanguard Group and creator of the world's first index mutual fund--has relied primarily on index investing to help Vanguard's cl...
The Little Book Of Common Sense Investing Ebook Download
Grouping the boys according to natural standards makes the problem ofhandling them much simpler. Boys between twelve and fourteen are in theage of authority, and the word of the Teacher will settle mostdifficulties that arise. Boys between fourteen and sixteen are in theage of experience, and an opportunity must be given them to check upwhat they are told by what they are experiencing. Between twelve andfourteen authority may be rigid. Between fourteen and sixteen it must begiving way to reason. Authority will still continue to settle the boys'disputes, but it will be the authority that gives reasons for itsaction. Boys between the ages of sixteen and eighteen years can only behandled on the basis of cooperation. They have passed from the stage ofblindly following what they are told. They have experience enough toknow that they are able to do things themselves, and they havediscovered enough things to give them a basis of doing things on theirown account. The way to handle boys rightly in this group will be bytactful suggestion and cooperation on the part of the teacher. Therewill be very little difficulty with the groupings if the Sunday schoolsuperintendent or teacher respects the natural, group "ganging" of theboys. The boys themselves group, not according to mental efficiencytests, but according to physiological development. Thus we find boys ofvarious chronological ages in the same gang. A little common sense willprevent many blunders. 2ff7e9595c
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