National Network for Equitable Library Service

John C. Bogle's The Little Book of Index Investing is a power-packed explanation of why outperforming the market is an investor illusion. Instead, the founder of The Vanguard Group-the man who's been called "the conscience of the investment industry"*-recommends a simple, time-tested investment strategy that can deliver the greatest return to the greatest number of investors: indexing. Why' Investing is a zero-sum game where transaction costs, taxes, poor investment diversification, and poor market-timing (an affliction for most investors) hurts your portfolio more than it helps. Indexing eliminates that hurt. Bottom-line, if you can't be an index, why not invest in one' And you'll be all the happier and richer for it. *Time Magazine.