New Money

A New Book From the Bogleheads

By Katy Marquardt

Posted: September 3, 2008

In 2006 came The Bogleheads’ Guide to Investing.

Now, the online index-investing community has another book in the works. Tentative title: The Bogleheads’ Guide to Retirement Planning.

In a recent announcement on the Bogleheads’ website, Mel Lindauer, one of the forum’s leaders, said the book would be “a Bogleheads community project with many of you helping to write different chapters.” That could involve input from a lot of members--in the neighborhood of 10,000--reports IndexUniverse.

I guess we should assume that the Bogleheads are named after Mr. Bogle who virtually invented the idea of index funds for diversification and low fees. A great idea for its time which was the 70s and 80s and 90s when fewer were actually retired and baby boomers were buying nearly anything in the stock market.

I hope they do a chapter or two on American demographics and the coming wave of baby boomers selling stocks into the market for retirement income, coupled with poorer working people in the 2010s, 2020s and 2030s who will have far less disposable income to invest in the buying side of that market.

of @ Sep 03, 2008 11:33:08 AM

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New Money

Katy Marquardt, a senior editor at U.S.News & World Report, takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties. Have a question? E-mail Katy at newmoney@usnews.com

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