Quote:
Originally Posted by Boomer
Thanks, l2ridehd, I had never looked at Bogleheads before now.
But because of your suggestion, I googled and found the pdf of "The Bogleheads' Guide To Investing." I did a quick skim and scroll and saw that it looks like a really good intro to a lot of things about investing.
There is a section on risk tolerance that was pretty far into my fast scrolling, but I think that could be a good place to start for someone wanting to learn about investing.
The Bogleheads' Guide also provides an intro to the vocabulary of investing. I think getting the vocab is a first step to learning about most anything.
Knowing yourself and understanding what you are buying and tiptoeing is a good starting point. The market has been climbing steadily for a lot of years. That does not mean it will continue. (said Boomer, stating the obvious)
There is an easy read book I sort of like because it deals with the psychology of investing. If you Google the title, you can find a summary on a Forbes blog. (I still do not know how to link on my iPad or I would get it for you.)
The book is "Warren Buffett Invests Like A Girl." It's a little redundant and was published a few years ago by a Motley Fool writer but there is some good stuff in it.
Well, I could go on and on but I must get out of here and move forward with my life this morning.
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As to all the STUFF we read that says BUFFET LIKE it makes me laugh. First of all we or at least I do not have access to the market where Buffet trades. We read Buffet is buying ???????-HE HAS ALREADY BOUGHT IT. Then, people buy-well Buffet BOUGHT IT it must be good. I for one wonder about a guy who is 80+ and is buying stocks for LONG TERM
WE/I am not BUFFET LIKE-we are the pawns upon which sharks like Buffet feed.
WE all heard that PRO OBAMA, Buffet speech that he pays a lower tax rate than his secretary. What a deliberately misleading pile that many bought into. Buffet's secretary is on call 24 hours a day 7 days a week you can bet he or she is well paid. Buffet at the time he was giving that MISLEADING SPEECH had already given as much as he legally could to the Obama campaign so the threw a fund raiser for Obama in Chicago to shake down his friends and business associates to give more to Obama. LOOK NOT AT WHAT BUFFET SAID BUT AT WHAT BUFFET DID. Bank of America-we all know Buffet put money into Bank of America. BUFFET LIKE? Had Buffet bought BONDS in BOA he would have paid the top tax rate on the dividends. Buffet, bought PRIORITY SHARES, that did not even exist, in BOA and the stock dividends have a top tax rate of 15%. BUFFET LIKE? .