Home Books, Movies and Music Business & Finance Business & EconomicsCommon Sense on Mutual Funds by John C. Bogle (Author), David F. Swensen (Foreword)

Share this product

Books Common Sense on Mutual Funds by John C. Bogle (Author), David F. Swensen (Foreword)

Name: Common Sense on Mutual Funds by John C. Bogle (Author), David F. Swensen (Foreword)
Brand: Books
Price: 1236.00 KES
Availability: InStock

Brand: Books | Similar products from Books

KSh 1,236

In stock

+ shipping from KSh 70 to CBD - UON/Globe/Koja/River Road

0 out of 5

(No ratings available)

Promotions

Easy and safer payments via the JumiaPay App.

Report incorrect product information

Delivery & Returns

Choose your location

Pickup Station

Delivery Fees KSh 70

Ready for pickup between 26 November and 28 November if you place your order within the next 17hrs 59mins

Door Delivery

Delivery Fees KSh 160

Ready for delivery between 26 November and 28 November if you place your order within the next 17hrs 59mins

Return Policy

Easy Return, Quick Refund.Details

Seller Information

QABETE ENTERPRISES

88%Seller Score

62 Followers

Seller Performance

Shipping speed: Excellent

Quality Score: Good

Customer Rating: Good

Product details

Index Funds and Passive Investing: Bogle champions index funds, which track the broader market, for their low fees and proven ability to outperform most actively managed funds over the long term. The book underscores that index investing reduces costs and avoids the pitfalls of high fees, frequent trading, and market timing.
Costs Matter: High fees and expenses significantly erode investment returns. Bogle advocates for minimizing costs as a core principle of intelligent investing since small differences in expense ratios compound over time to large wealth gaps.
Asset Allocation and Diversification: The book stresses the importance of diversifying across asset classes such as stocks and bonds based on individual risk tolerance, financial goals, and time horizon. A sensible asset allocation combined with regular rebalancing can enhance returns while managing risk effectively.
Long-Term Perspective: Bogle promotes buy-and-hold, emphasizing patience and discipline, discouraging attempts to beat the market or react to short-term fluctuations. Contributing regularly and maintaining a consistent strategy are key elements.
Fund Management Structure: He explains the advantages of the mutual fund structure of Vanguard, which aligns the interests of fund shareholders with those of the investors, unlike traditional fund management, which often prioritizes fee maximization over investor returns.

Specifications

Key Features

"Common Sense on Mutual Funds" by John C. Bogle is a highly influential book that advocates for low-cost, passive investing through index funds. Bogle, founder of Vanguard, emphasizes that individual investors should prioritize simplicity, minimizing costs, and maintaining long-term investment strategies to achieve superior returns over active management approaches.