The Bogleheads® - Bogleheads (2024)


Bogleheads 17 Conference (2018)

Bogleheads, a term intended to honor Vanguard founder and investor advocate John Bogle, are investing enthusiasts who participate in the Bogleheads Forum. The forum's members discuss financial news and theory, while also helping less experienced investors develop their portfolios. There are more than 120,000 registered members and the site receives an average of nearly 2,000 posts each day. Some members also participate in national or local chapter get-togethers.

The Bogleheads community encompasses the forum, the wiki, the blog and three investment books (The Bogleheads’ Guide to Investing, The Bogleheads’ Guide to Retirement Planning and The Bogleheads' Guide to the Three-Fund Portfolio). Affiliated sites include a presence on Facebook,Reddit and Twitter, and The John C. Bogle Center for Financial Literacy. The Center sponsors a series of podcasts, the annual Bogleheads Conferences, the Bogleheads YouTube channel, the Bogleheads Virtual Life Stage chapter meetings, and the weekly Bogleheads Twitter Spaces discussions.

Investing philosophy

The Bogleheads approach begins with an investor deciding on percentage allocations to various asset classes, such as U.S. stocks, international stocks, U.S. bonds, etc. The desired allocations are then implemented using low-cost vehicles which are true to the targeted asset classes. Tax costs are carefully considered, influencing decisions as to what investments to place in taxable versus tax-advantaged accounts.

Bogleheads emphasize regular saving, broad diversification, and sticking to one's investment plan regardless of market conditions. Information relevant to the group's core beliefs is available in both The Twelve Pillars of Wisdom and Vanguard's investment philosophy, and are explained in greater detail in Bogleheads investment philosophy.

Online history

The Bogleheads' history is one of growth and an increasing sense of group identity.

Vanguard Diehards

The Bogleheads group informally began in March 1998 when Morningstar established the Vanguard Diehards Forum to discuss Vanguard funds.[1] By October 2001 the Morningstar forum had grown into Morningstar's most popular forum.

Today is a very special day for Morningstar's Vanguard Diehard Forum. It is the first time any Morningstar Forum has received 100,000 postings. My first Diehard post was in March 1998. None of us ever dreamed that 43 months later we would be Morningstar's most popular forum.

— Taylor Larimore [notes 1]

Diehards.org

In July 2001 Alex Frakt and Larry Auton debuted diehards.org as a convenient index and search capability in support of the Morningstar Vanguard Diehards Forum.[notes 2]

Figure 1: The Diehards.org homepage as it looked in September, 2001.

Figure 1 shows how the diehards.org homepage originally looked in September, 2001.

The Bogleheads Forum

An independent and noncommercial Bogleheads Forum was established on February 19, 2007 by an individual with username Phoenix. The primary driver behind creation of the new forum was acute disruption at Vanguard Diehards resulting from Morningstar's lax moderation policies. Technical obsolescence of the Morningstar boards was a secondary reason. One week after founding, Alex Frakt and Larry Auton agreed to host the new forum. [notes 3] Alex and Larry accomplished the changeover quickly, and the diehards.org homepage adopted a split-screen format, listing posts from both forums.

Figure 2: The Diehards.org homepage as it looked in March, 2007.

Figure 2 shows the look of the diehards.org homepage in March, 2007, when it incorporated posts from both Morningstar and the Bogleheads forum.

On January 29, 2019, in response to the increased presence of members across the globe, the forum added three non-US forums and welcomed Bogleheads® España as our affiliate forum in Spain.[2]

Bogleheads.org

After the inception of the Bogleheads Forum, activity on Vanguard Diehards decreased markedly, primarily due to rapid growth of the competing board. Also contributing to the decline was Morningstar's unpopular site redesign in September 2007.[3]

On May 31, 2008 Alex and Larry switched default domain names from diehards.org to the more natural bogleheads.org. The newly minted bogleheads.org home page no longer indexed posts from the Vanguard Diehards Forum.[notes 4]

Bogleheads wiki

In April 2008, a small group of forum members began experimenting with an off-site wiki. After a few weeks of joint effort, the group presented the forum administrators with a proposal to create a Bogleheads.org. hosted wiki. The forum administrators agreed with the proposal, and Alex and Larry kindly consented to host the new venture. The wiki was officially introduced on May 13, 2008.

Bogleheads® on Facebook

The Bogleheads® Facebook page was announced on January 11, 2011.[4] The site is managed by a small group of forum volunteers. The page seeks to continually fulfill the following purposes:

  • To maintain a Bogleheads.org presence on social networking website Facebook.
  • Serve to guide visitors to the Bogleheads® Forum.
  • Spread the word about Bogleheads® community and forum on Facebook.
  • Have an appearance consistent with the Bogleheads brand and respect to our mentor John Bogle.
  • Maintain content and presence that is lasting; a page that does not require daily moderation or policing.

Since inception the site has seen steady growth, having passed 13,000 followers in 2019.

Bogleheads® blog

The Bogleheads blog was launched on March 4, 2014. On September 8, 2014, the blog was moved to Financial Page-a Bogleheads blog, maintained by Barry Barnitz. The blog was transferred to the bogleheads.org server in February 2020. The blogging team provides up-to-date information across a broad range of site activities. These include local chapters and calendar; boglehead contests,boglehead podcasts, boglehead portfolio and retirement tools; as well as interviews. Specialized topics of interest are also covered in our blog postings.

Podcasts

The Bogleheads on Investing Podcast, sponsored by The John C. Bogle Center for Financial Literacy, and hosted by Rick Ferri, is a monthly podcast series featuring well-known figures in the investment world. The initial podcast, an interview with John C. Bogle, was published on September 14, 2018.

Bogleheads YouTube

The Bogleheads YouTube channel, sponsored by the John C. Bogle Center for Financial Literacy, was launched on August 19, 2021. The channel provides Boglehead Conference videos, videos of the Boglehead Local Chapter "Life Stage" virtual meetings, and audios of the Bogleheads on Investing Podcast series.[5]

The John C. Bogle Center for Financial Literacy

The John C. Bogle Center for Financial Literacy, a non-profit organization set up "to expand John C. Bogle’s legacy by promoting the principles of successful investing and financial well-being through education and community" (see more about the Center's mission).

The Center was approved by the IRS as a 501(c)(3) public charity on February 6, 2012. The approval was retroactive to Nov. 22, 2010, the date of the organization's incorporation as a non-profit Texas Corporation.[notes 5]

Donations to the Bogle Center are tax-deductible. [6]

In one of its first actions, the Center trademarked the name "Bogleheads", and it is now a Registered Service Mark of The John C. Bogle Center for Financial Literacy. [7]

Notes

  1. Taylor Larimore provides the following account of the forum's founding and early days in 100,000 POSTS!!!!!!!!, written in October 2001.
  2. Alex details the site's inception in the 2007 post Diehards.org history. The idea for what would become diehards.org was planted in this thread started on 6/13/01:Has anyone noticed....
  3. The conversation An announcement to the forum's membership, which occurred a week later, provides background information, and it details the willingness of Alex Frakt and Larry Auton to host the upstart forum at diehards.org.
  4. Alex provides an explanation in this Bogleheads forum post: "Why?"
  5. Further information can be found in this Bogleheads forum post: "Re: Tax-Deductible Donations to the Forum?" Tax return filings for the Bogle Center can be downloaded from the Foundation Center at Form 990 Finder

See also

  • Bogleheads® Conference history
  • Bogleheads® convention meetings
  • Bogleheads® wiki history

References

  1. Morningstar Forums
  2. Bogleheads forum topic: "Welcome to the new forum layout". January 30, 2019.
  3. M* to Launch Upgraded Message Boards
  4. The New Bogleheads Facebook Page -forum discussion.
  5. Bogleheads now on YouTube, forum discussion
  6. IRS Exempt Organizations Select Check
  7. Legal Force:Bogleheads

External links

News articles

  • v
  • t
  • e

The Bogleheads®

The Bogleheads
  • The Bogleheads
  • Conference meetings
  • Conference history
  • Facebook
  • Financial literacy project
  • Local chapters
  • Taiwan Bogleheads 2013 conference
  • Taiwan Bogleheads 2015 conference
  • YouTube
Conference videos
  • Bogleheads 7
  • Bogleheads 9
  • Bogleheads 10
  • Bogleheads 11
  • Bogleheads 12
  • Bogleheads 13
  • Bogleheads 14
  • Bogleheads 15
  • Bogleheads 16
  • Bogleheads 17
Investment philosophy
  • Bogleheads investment philosophy
  • Investment philosophy video
  • Investment philosophy online course (2022 conference videos)
  • Variations on Bogleheads investing
Member contributions
  • John Bogle forum post index
  • Contests
  • Debates
  • Classic Bernstein
  • Grok's tips
  • Madsinger monthly reports
  • Social Security
  • Taylor Larimore's market timing quotes
  • What the experts say about investing
US investors start-up kits
  • Getting started
  • Investing start-up kit
  • Personal finance planning start-up kit
  • Retirement planning start-up kit
Non-US investors start-up kits
  • Getting started for non-US investors
  • Bogleheads investing start-up kit for non-US investors
Published works
  • Bogleheads books and authors
  • Bogleheads on Investing podcast
  • Financial Page
  • News and blogs
  • The Bogleheads view
Wiki
  • Bogleheads wiki history
  • Wiki annual reports
  • v
  • t
  • e

The Bogleheads®

The Bogleheads
  • The Bogleheads
  • Conference meetings
  • Conference history
  • Facebook
  • Financial literacy project
  • Local chapters
  • Taiwan Bogleheads 2013 conference
  • Taiwan Bogleheads 2015 conference
  • YouTube

Conference videos
  • Bogleheads 7
  • Bogleheads 9
  • Bogleheads 10
  • Bogleheads 11
  • Bogleheads 12
  • Bogleheads 13
  • Bogleheads 14
  • Bogleheads 15
  • Bogleheads 16
  • Bogleheads 17
Investment philosophy
  • Bogleheads investment philosophy
  • Investment philosophy video
  • Investment philosophy online course (2022 conference videos)
  • Variations on Bogleheads investing
Member contributions
  • John Bogle forum post index
  • Contests
  • Debates
  • Classic Bernstein
  • Grok's tips
  • Madsinger monthly reports
  • Social Security
  • Taylor Larimore's market timing quotes
  • What the experts say about investing
US investors start-up kits
  • Getting started
  • Investing start-up kit
  • Personal finance planning start-up kit
  • Retirement planning start-up kit
Non-US investors start-up kits
  • Getting started for non-US investors
  • Bogleheads investing start-up kit for non-US investors
Published works
  • Bogleheads books and authors
  • Bogleheads on Investing podcast
  • Financial Page
  • News and blogs
  • The Bogleheads view
Wiki
  • Bogleheads wiki history
  • Wiki annual reports
The Bogleheads® - Bogleheads (2024)

FAQs

What is the 4 rule in Bogleheads? ›

The basic rule is that you sell 4% of your portfolio the first year. This gives you a certain $ amount to cover your living expenses for that year. In subsequent years, you sell just enough to get the same $ amount as the first year, but adjusted for inflation so that you keep the same purchasing power.

What is the 50 30 20 rule for Bogleheads? ›

First, Warren's original rule was 30 to wants and 20 to savings, but if you can flip that, great! Apply the numbers to your after tax income. Then figure out how much you need for housing, utilities, transportation, food, insurance and clothing. If that is 50% or less, everything else is wants.

How much money is enough for Bogleheads? ›

you have enough when you can pay your bills and not work. if you feel you need more, you're either increasing your lifestyle along with the increased income or you're dealing with some fear of lack now or in the future.

How do I know if I am saving enough? ›

Savings benchmarks based on age and salary can serve as a helpful way to track progress against saving for retirement. Saving 15% of income per year (including any employer contributions) is an appropriate savings level for many people.

What is the rule of 55 Bogleheads? ›

OP can only access 401k funds penalty-free under the 'Rule of 55' if they separate from the plan's sponsor (employer) as of Jan. 1 of the year turning 55, or later. So the funds if left in an old 401k plan where OP separated from service at age 45 wouldn't qualify for a 'Rule of 55' distribution.

What is Bogleheads 3 bucket strategy? ›

Stripped to its simplest form, here's the premise of the Bucket Strategy™: You organize your investments into three main groupings, or "buckets" and take the majority of the risk in Bucket No. 3, largely with stocks and real estate.

What is the 80 20 rule in value investing? ›

This life wisdom, also known as an aphorism, claims that 80 percent of the results are produced by only 20 percent of the inputs. It is therefore an important objective in business to identify and prioritize those inputs that are most likely to be productive. Focusing on these 20% will maximize the benefits.

What is the 80 20 portfolio strategy? ›

This investment strategy seeks total return through exposure to a diversified portfolio of primarily equity, and to a lesser extent, Fixed Income asset classes with a target allocation of 80% equities and 20% Fixed Income.

What is the 80 20 rule in financial planning? ›

The rule requires that you divide after-tax income into two categories: savings and everything else. As long as 20% of your income is used to pay yourself first, you're free to spend the remaining 80% on needs and wants. That's it; no expense categories, no tracking your individual dollars.

How much money is considered wealthy? ›

According to Schwab's 2023 Modern Wealth Survey, Americans perceive an average net worth of $2.2 million as wealthy​​​​. Knight Frank's research indicates that a net worth of $4.4 million is required to be in the top 1% in America, a figure much higher than in countries like Japan, the U.K. and Australia​​.

Is 30% return on portfolio good? ›

A thirty percent return is an achievable feat for one year if you're aggressive enough (and shall I say lucky enough), AND have the stomach to ride out the volatility, but consistently performing year after year becomes an incredible challenge that no one to my knowledge has done.

How much should you have saved by 30? ›

If you're 30 and wondering how much you should have saved, experts say this is the age where you should have the equivalent of one year's worth of your salary in the bank. So if you're making $50,000, that's the amount of money you should have saved by 30.

Can I retire at 60 with 300k? ›

£300k in a pension isn't a huge amount to retire on at the fairly young age of 60, but it's possible for certain lifestyles depending on how your pension fund performs while you're retired and how much you need to live on.

How much should a 55 year old have in a 401k? ›

However, the general rule of thumb, according to Fidelity Investments, is that you should aim to save at least the equivalent of your salary by age 30, three times your salary by age 40, six times by age 50, eight times by 60 and 10 times by 67.

Can I retire at 59 with 1 million dollars? ›

Around the U.S., a $1 million nest egg can cover an average of 18.9 years worth of living expenses, GoBankingRates found. But where you retire can have a profound impact on how far your money goes, ranging from as a little as 10 years in Hawaii to more than than 20 years in more than a dozen states.

What are the details of the 4% rule? ›

It's intended to make sure you have a safe retirement withdrawal rate and don't outlive your savings in your final years. By pulling out only 4% of your total funds and allowing the rest of your investments to continue to grow, you can budget a safe withdrawal rate for 30 years or more.

What is the 4% expense rule? ›

It's relatively simple: You add up all of your investments, and withdraw 4% of that total during your first year of retirement. In subsequent years, you adjust the dollar amount you withdraw to account for inflation.

What is the 4% rule research? ›

How much can you withdraw from your retirement portfolio each year? For many investors, the go-to answer is 4%. Researcher Bill Bengen developed that rule of thumb back in 1994, meaning an annual withdrawal rate of 4% is the amount that will see investors through retirement in any economic scenario.

What is the 4% rule all stocks? ›

The 4% rule presumes half of your retirement savings is held in stocks for the entirety of your retirement, while the other half comprises bonds and other fixed-income investments. The rule also assumes you'll achieve average returns on both categories of assets.

References

Top Articles
Latest Posts
Article information

Author: Stevie Stamm

Last Updated:

Views: 5876

Rating: 5 / 5 (60 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Stevie Stamm

Birthday: 1996-06-22

Address: Apt. 419 4200 Sipes Estate, East Delmerview, WY 05617

Phone: +342332224300

Job: Future Advertising Analyst

Hobby: Leather crafting, Puzzles, Leather crafting, scrapbook, Urban exploration, Cabaret, Skateboarding

Introduction: My name is Stevie Stamm, I am a colorful, sparkling, splendid, vast, open, hilarious, tender person who loves writing and wants to share my knowledge and understanding with you.