The Bogleheads' Guide to the Three-Fund Portfolio

How a Simple Portfolio of Three Total Market Index Funds Outperforms Most Investors with Less Risk

by: Taylor Larimore

in: Investing

Summary:

The book advocates for a simple investment strategy using just three index funds to cover the U.S. stock market, international stocks, and U.S. bonds, arguing that this approach minimizes costs, simplifies decision-making, and often yields better long-term returns than more complex investment strategies. It provides practical advice on how to construct and maintain this portfolio, emphasizing the benefits of low fees, broad diversification, and the importance of staying the course over time.