The Little Book of Common Sense Investing
John C. Bogle. The founder of Vanguard makes the case for low-cost index funds.
Pillar · Build
Patience is the investor’s edge.
Investing rewards the same habits New Thought teaches: a clear long-term picture, calm in the face of fear, and the discipline to stay the course.
Why it starts in the mind
Markets punish panic. The investor who can hold a calm picture of the future through scary headlines usually does better than the one who reacts.
This pillar teaches the basics and the mindset. It never tells you what to buy.
Start this week
- Learn what an index fund is, in plain words.
- Find out whether your job offers a retirement match, and what it is.
- Write down your goal for twenty years from now.
- Unfollow one account that makes you feel panicked about money.
Videos JanuaryShort lessons on investing start January on TikTok, Instagram and YouTube. Get them first in the Sunday letter.
Educational only, not investment advice. Investing involves risk, including loss of principal. Talk to a licensed financial professional before investing.
Start here
Books for this pillar
The Simple Path to Wealth
JL Collins. A plain-spoken guide to financial independence.
The Intelligent Investor
Benjamin Graham. The classic on value investing and keeping emotion out of it.
As an Amazon Associate I earn from qualifying purchases.
The Morning Letter
Get the Sunday letter
One idea, one passage and one action each Sunday. New subscribers get Where to Begin, our free reading guide.