John Bogle (1929-2019) founded the Vanguard Group of low-cost mutual funds and popularized index funds for simple, efficient investing. His wisdom is shared by "Bogleheads", an informal group of investors. Their forum offers excellent advice to help optimize a life well-lived, with safety, comfort, compassion, and grace. In a nutshell:

• Prepare to invest
  • Live below your means
  • Develop a workable plan
  • Never bear too much or too little risk
  • Invest early and often
• Create a portfolio
  • Diversify
  • Invest with simplicity
  • Use index funds where possible
  • Minimize costs
  • Minimize taxes
• Maintain discipline
  • Never try to time the market
  • Stay the course

That's the big picture; details and suggestions for implementation are elsewhere. Wonderful thoughts to enable a good financial life!

_{(cf Money Wisdom (2001-05-20), Bubble Busters (2002-02-06), Second Largest Investment (2005-08-09), Shiller Price Earnings Ratio (2021-03-29), ...) - ^z - 2024-01-28}