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Big Foot 48's blog
Posted by Big Foot 48 | Jan 24, 2011 @ 02:17 PM | 3,679 Views
I follow and recommend to all the "Bogleheads investment philosophy", as developed by a group of people that follow the teachings of John Bogle, the founder of the Vanguard Group.

It's simple, and the evidence shows this is the way to the best financial results within ones life:

1. Live below your means
2. Asset allocation (holding bonds) is essential
3. Buy low cost funds that are widely diversified
4. Tax efficiency matters
5. Stay the course

A detailed explanation of these can be found at http://www.bogleheads.org/wiki/Bogle...ent_Philosophy