Bogleheads Community
Bubble
Skill
Ideological
The Bogleheads Community is an international group of investors who practice and promote Jack Bogle’s philosophy of passive, low-cost i...Show more
Bogleheads Community
Bubble
SkillIdeological
The Bogleheads Community is an international group of investors who practice and promote Jack Bogle’s philosophy of passive, low-cost index investing, gathering online and in person to share strategies, resources, and support.
Statistics
Estimated Global Reach
75K
Popularity
Medium
Regional Hotspot
Worldwide
Country Hotspots
US
+3
Discover Related Bubbles
General Q&A
The Bogleheads Community is devoted to empowering everyday investors through Jack Bogle's investing principles: simplicity, low cost, and long-term discipline, focusing on evidence-based, DIY investing.
Community Q&A
The Bogleheads Community is devoted to empowering everyday investors through Jack Bogle's investing principles: simplicity, low cost, and long-term discipline, focusing on evidence-based, DIY investing.
Bogleheads organize via an active online forum, local chapters worldwide, annual conferences, and collaborative resources like the Bogleheads Wiki to encourage learning and sharing.
Community Q&A
Summary
Key Findings
Rational Deference
Community DynamicsBogleheads show deference to data and Bogle's teachings, mixing respectful debate with a shared belief that disciplined, evidence-based strategies trump individual speculation or hype.
DIY Pride
Identity MarkersMembers derive strong identity from self-directed investing, often subtly distancing themselves from financial advisors as unnecessary or costly, reinforcing independence as a community norm.
Simplicity Reverence
Social NormsThe community elevates investment simplicity as a virtue, viewing complex strategies skeptically and valuing well-known catchphrases like ‘three-fund portfolio’ as rallying mantras.
Inclusive Rigor
Gatekeeping PracticesDespite its welcoming tone, the bubble enforces rigorous standards of evidence and rationale, encouraging newcomers but expecting arguments grounded in logic and proven principles.
Sub Groups
Local Bogleheads Chapters
Regional groups that organize in-person meetups and events.
Online Forum Members
Core participants in the main Bogleheads forum, engaging in daily discussion and Q&A.
Reddit Bogleheads
Users active in the r/Bogleheads and related subreddits.
Conference Attendees
Members who participate in annual Bogleheads conferences and workshops.
Student & Academic Bogleheads
University-affiliated members and student groups focused on passive investing education.
Statistics and Demographics
Platform Distribution
1 / 3
Niche Forums
40%The Bogleheads Community is centered around its dedicated online forum, which is the primary hub for discussion, Q&A, and resource sharing among passive index investors.
Discussion Forumsonline
Reddit
15%Reddit hosts an active Bogleheads subreddit and related personal finance communities where members discuss index investing and share advice.
Meetup
15%Bogleheads organize regular in-person meetups in various cities, fostering offline engagement and networking among members.
Gender & Age Distribution
Ideological & Social Divides
Community Development
Discover Similar Bubbles
Insider Knowledge
Terminology
Greeting Salutations
Example Conversation
Insider
Stay the course!
Outsider
What do you mean by that?
Insider
It’s our way of reminding each other to stick with our investment plan despite market ups and downs.
Outsider
Oh, that sounds comforting to hear.
Cultural Context
A motivational and reassuring phrase used to reinforce patience and discipline in investing.
Inside Jokes
The coffee can portfolio
This joke refers to an investing style where you 'put investments in a coffee can' and forget about them for decades, symbolizing extreme long-term patience and ignoring short-term noise.
Jack's Ghost
Refers humorously to the guiding presence of Jack Bogle’s philosophy that ‘haunts’ discussions, reminding members to stick to simple, low-cost investing no matter what.
Facts & Sayings
„Stay the course“
Advice to maintain your investment strategy through market ups and downs without panic selling or making impulsive changes.
„Three-fund portfolio“
A simple investment approach using three index funds: domestic stocks, international stocks, and total bond market to achieve diversification.
„Expense ratio matters“
Emphasizes the importance of choosing funds with low costs, as high fees can significantly erode long-term returns.
„Don't try to time the market“
A reminder that attempting to predict market movements typically fails and is less effective than consistent investing.
Unwritten Rules
Respect Jack Bogle’s principles without dogmatism.
Members should honor the founder’s teachings but remain open to respectful debate and updates from new data.
Be welcoming and patient with newcomers.
The community values inclusive support, making investing approachable for beginners.
Cite sources and use data-driven arguments.
Discussions expect evidence and references rather than opinions or hearsay, maintaining quality dialogue.
Avoid promoting financial advisors or expensive products.
DIY investing and low-cost products are preferred; pushing financial services is discouraged as it conflicts with core values.
Fictional Portraits
1 / 3
David, 42
Financial AdvisormaleDavid is a mid-career financial advisor who adopted Bogle's investment philosophy early and uses his knowledge to help clients invest with low-cost index funds.
Low-cost investingLong-term perspectiveCommunity support
Motivations
- Helping clients achieve financial freedom
- Promoting low-cost passive investing
- Staying updated on Boglehead strategies
Challenges
- Explaining passive investing benefits to skeptical clients
- Keeping up with frequent community discussions
- Balancing professional advice with personal investing beliefs
Platforms
Bogleheads forumLinkedIn groupsLocal investment meetups
VanguardExpense RatioAsset Allocation
Insights & Background
Historical Timeline
Main Subjects
People
John C. Bogle
Founder of Vanguard and originator of the index-investing philosophy central to the Bogleheads.↗
FounderVoice Of FrugalityIndustry Icon
Taylor Larimore
One of the original “Three Musketeers” who helped launch the Bogleheads forum and codify its principles.
Co-FounderEarly ArchitectForum Pioneer
Mel Lindauer
Early moderator and co-author of Bogleheads guides, instrumental in developing the community’s educational resources.
EducatorGuide Co-AuthorResource Builder
Rick Ferri
Author and advisor known for promoting index-based asset allocation models embraced by Bogleheads.
Allocation ExpertAuthorPortfolio Architect
Larry Swedroe
Prolific writer and speaker who has reinforced Boglehead concepts through accessible investment books.
Communications LeadResearch-DrivenBehavioral Focus
1 / 3
1 / 3
People
John C. Bogle
Founder of Vanguard and originator of the index-investing philosophy central to the Bogleheads.↗
FounderVoice Of FrugalityIndustry Icon
Taylor Larimore
One of the original “Three Musketeers” who helped launch the Bogleheads forum and codify its principles.
Co-FounderEarly ArchitectForum Pioneer
Mel Lindauer
Early moderator and co-author of Bogleheads guides, instrumental in developing the community’s educational resources.
EducatorGuide Co-AuthorResource Builder
Rick Ferri
Author and advisor known for promoting index-based asset allocation models embraced by Bogleheads.
Allocation ExpertAuthorPortfolio Architect
Larry Swedroe
Prolific writer and speaker who has reinforced Boglehead concepts through accessible investment books.
Communications LeadResearch-DrivenBehavioral Focus
First Steps & Resources
Get-Started Steps
Time to basics: 3-5 weeks
1
Read the Bogleheads Investment Philosophy
2-3 hoursBasic
Summary: Study the core Bogleheads principles and their rationale for index investing.
Details: Begin by thoroughly reading the Bogleheads investment philosophy, which outlines the foundational beliefs of the community: living below your means, investing in low-cost index funds, minimizing taxes, and maintaining a long-term perspective. This step is crucial because it grounds you in the shared values and strategies that define the bubble. Many newcomers skip this and jump to tactics, but understanding the 'why' behind the approach helps you filter advice and avoid common pitfalls like chasing hot stocks or market timing. Approach this step by reading the official Bogleheads philosophy page and related wiki entries. Take notes on key concepts and reflect on how they differ from what you may have heard elsewhere. Evaluate your progress by being able to summarize the philosophy in your own words and explain why Bogleheads favor index funds over active management.
2
Join and Observe Community Forums
2-4 hoursBasic
Summary: Register for Bogleheads forums, read discussions, and learn community norms and etiquette.
Details: Create an account on the main Bogleheads forum and spend time reading through recent threads, especially those in the 'Investing - Help with Personal Investments' and 'Personal Finance' sections. Pay close attention to how questions are asked and answered, the tone of interactions, and the types of resources shared. This step is important for understanding the social fabric and unwritten rules of the community, such as the expectation to do your own research and provide context when asking for help. Common beginner mistakes include posting vague questions or ignoring the wiki, which can lead to less helpful responses. Overcome this by reading the forum's guidelines and observing how experienced members interact. Progress is measured by your comfort in navigating the forum and recognizing recurring topics and advice.
3
Analyze Your Current Financial Situation
1-2 daysIntermediate
Summary: Gather your financial data and assess your savings, debts, and investment accounts.
Details: Before making any investment moves, Bogleheads recommend getting a clear picture of your current finances. Collect information on your income, expenses, debts, and existing investments. Use a simple spreadsheet or a pen and paper to list assets and liabilities. This step is foundational because it enables you to make informed decisions and ask specific questions in the community. Beginners often skip this, leading to generic or unhelpful advice. Overcome analysis paralysis by focusing on accuracy over perfection—it's better to have a rough draft than nothing at all. Techniques include tracking expenses for a month or using sample net worth templates from the wiki. Progress is shown by having a basic personal balance sheet and understanding your financial starting point.
1
Read the Bogleheads Investment Philosophy
2-3 hoursBasic
Summary: Study the core Bogleheads principles and their rationale for index investing.
Details: Begin by thoroughly reading the Bogleheads investment philosophy, which outlines the foundational beliefs of the community: living below your means, investing in low-cost index funds, minimizing taxes, and maintaining a long-term perspective. This step is crucial because it grounds you in the shared values and strategies that define the bubble. Many newcomers skip this and jump to tactics, but understanding the 'why' behind the approach helps you filter advice and avoid common pitfalls like chasing hot stocks or market timing. Approach this step by reading the official Bogleheads philosophy page and related wiki entries. Take notes on key concepts and reflect on how they differ from what you may have heard elsewhere. Evaluate your progress by being able to summarize the philosophy in your own words and explain why Bogleheads favor index funds over active management.
2
Join and Observe Community Forums
2-4 hoursBasic
Summary: Register for Bogleheads forums, read discussions, and learn community norms and etiquette.
Details: Create an account on the main Bogleheads forum and spend time reading through recent threads, especially those in the 'Investing - Help with Personal Investments' and 'Personal Finance' sections. Pay close attention to how questions are asked and answered, the tone of interactions, and the types of resources shared. This step is important for understanding the social fabric and unwritten rules of the community, such as the expectation to do your own research and provide context when asking for help. Common beginner mistakes include posting vague questions or ignoring the wiki, which can lead to less helpful responses. Overcome this by reading the forum's guidelines and observing how experienced members interact. Progress is measured by your comfort in navigating the forum and recognizing recurring topics and advice.
3
Analyze Your Current Financial Situation
1-2 daysIntermediate
Summary: Gather your financial data and assess your savings, debts, and investment accounts.
Details: Before making any investment moves, Bogleheads recommend getting a clear picture of your current finances. Collect information on your income, expenses, debts, and existing investments. Use a simple spreadsheet or a pen and paper to list assets and liabilities. This step is foundational because it enables you to make informed decisions and ask specific questions in the community. Beginners often skip this, leading to generic or unhelpful advice. Overcome analysis paralysis by focusing on accuracy over perfection—it's better to have a rough draft than nothing at all. Techniques include tracking expenses for a month or using sample net worth templates from the wiki. Progress is shown by having a basic personal balance sheet and understanding your financial starting point.
4
Create a Simple Investment Plan
2-3 daysIntermediate
Summary: Draft a basic investment policy statement using Bogleheads templates and feedback.
Details: Using the knowledge gained from the philosophy and your financial analysis, draft a simple investment policy statement (IPS). This document outlines your goals, risk tolerance, asset allocation, and investment strategy. The Bogleheads wiki provides templates and examples. This step is vital because it helps you avoid emotional decisions and stick to a disciplined plan. Beginners often struggle with setting realistic goals or overcomplicating their IPS. Start with a basic version and refine it over time. Seek feedback by posting your draft (with anonymized details) in the forum's 'Help with Personal Investments' section. Progress is measured by having a written IPS and receiving constructive community feedback.
5
Implement and Monitor Your Portfolio
1-2 weeksAdvanced
Summary: Open accounts, select low-cost index funds, and set up regular contributions.
Details: With your IPS in hand, take concrete steps to implement your plan. Open the necessary brokerage or retirement accounts if you don't already have them. Research and select low-cost index funds that align with your asset allocation, using the Bogleheads wiki and forum recommendations. Set up automatic contributions to ensure consistency. This step can be intimidating due to the variety of account types and fund options, but focusing on simplicity (e.g., three-fund portfolio) helps. Common mistakes include overtrading or second-guessing your plan—avoid these by sticking to your IPS and reviewing your portfolio only periodically. Evaluate progress by successfully executing your first investment transactions and establishing a routine for monitoring (e.g., quarterly reviews).
Welcoming Practices
„Welcome to the Bogleheads!“
A friendly phrase used in forums and chapters to greet newcomers, signaling openness and encouragement to learn.
„New member FAQ thread“
A designated forum space where beginners' questions are answered, fostering initial education and reducing overwhelm.
Beginner Mistakes
Chasing hot stocks or funds instead of index investing.
Stick to low-cost index funds and avoid speculative shifts based on hype or recent performance.
Neglecting to rebalance periodically.
Maintain your target asset allocation by reviewing and rebalancing at least annually to manage risk appropriately.
Pathway to Credibility
Tap a pathway step to view details
Learn the core principles.
Understanding Jack Bogle’s philosophy on low-cost, diversified, and disciplined investing is foundational.
Engage respectfully in forums.
Contribute thoughtfully with data-backed insights and a collaborative attitude to gain community trust.
Share personal investing experiences.
Building credibility also involves being open about one’s journey, successes, and lessons learned, which helps others.
Facts
Regional Differences
North America
North American Bogleheads often focus on U.S.-based index funds like VTI and BND, with strong emphasis on tax-advantaged accounts such as IRAs and 401(k)s.
Europe
European members adapt the Boglehead principles using local exchange-traded funds (ETFs) and face additional considerations like different tax regimes and currency exposure.
Asia
Asian Bogleheads sometimes prioritize globally diversified ETFs due to less developed local markets and may face different regulatory environments impacting investment options.
Misconceptions
Misconception #1
Bogleheads are fully passive investors who do nothing after investing.
Reality
While they favor passive index funds, Bogleheads actively maintain proper asset allocation and rebalance portfolios periodically.
Misconception #2
Boglehead investing means ignoring all new financial information.
Reality
The community values evidence-based updates and thoughtful discussion, adapting principles as needed but avoiding hype or fads.
Misconception #3
Following Bogleheads means high returns with zero risk.
Reality
The approach emphasizes risk management and long-term growth but acknowledges market risks and volatility are inherent.
