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Investing is simple from "summary" of The Little Book of Common Sense Investing by John C. Bogle
Investing is simple. Yes, simple. It's not easy, that's for sure. But it's simple. The reason it's simple is that the winning strategy for investing over the long term is so straightforward. All you have to do is buy a diversified portfolio of low-cost index funds and hold them until you retire. That's it. No need to try to time the market, pick individual stocks, or pay high fees to active money managers. The beauty of this strategy lies in its simplicity. By investing in a broad range of companies through index funds, you are essentially investing in the entire market. This means that you are not relying on the success of any one particular company or industry. Instead, you are betting on the long-term success of the overall market, which has historically shown steady growth over time. Furthermore, by choosing low-cost index funds, you...
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