Daily Archives: Jul 7, 2018 at 08:20 am EST

Book Bits | 7 July 2018

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
Review via Morningstar
Three colors: red, white, and blue. Three funds: Vanguard Total Stock Market Index (VTSAX), Vanguard Total International Stock Index (VTIAX), and Vanguard Total Bond Market Index (VBTLX). According to author Taylor Larimore, those are all that an American investor needs.
All right, he doesn’t actually mention the U.S. flag. That was my addition, this being a July 4 column. However, Taylor’s new book, “The Bogleheads’ Guide to the Three-Fund Portfolio,” is less topical. It is intended to apply not only to each day of the year, but for many years to come. In that task, it succeeds. The publication is as timeless as anything that advocates specific funds can be.
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