This classic guide to investing is a new, updated edition of the best-selling book by John Bogle, a pioneer of the mutual fund industry, investing guru, and head of the largest investment company The Vanguard Group.

The author offers a simple and effective investment strategy: buy a fund , which holds a portfolio of stocks of the entire market, and owns it forever. The book, however, contains more than advice on working with index funds.

After reading it, you can think about investing differently. John Bogle shows why long-term investing is much better for your interests than short-term speculation; how important diversification is; what role does the cost of investment play; Why relying on a fund's past performance and ignoring the principle of mean reversion in investing is dangerous.

This book will show you the right path to securing your financial future.