Thoughts on the Bogleheads investing approach?

[RealDreams]

I was curious about what MJ and you guys think about Bogleheads' approach to investing.

From the page Getting started - Bogleheads, this is what it preaches:

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[note 1]

Yes, it reminds me of the slowlane. But if you already had a business making a lot of money, you'd find yourself wondering where to invest that money (what MJ called money system, IIRC).
I always see the S&P 500 recommended, but I am also looking at World ETFs such as the All-Words UCITS ETF that almost tracks the entire economy.

If not investing in that, what do you invest in? Real estate? Bonds? There aren't many options when I think about it.

 

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[Kevin88660]

Citv opwitvnipv ot vu timm tunivjoph vjev vji nesliv piift epf mov ov up gosi atoph qeof eft.

O en hivvoph 7y sivasp up mOplifOp eft.

Ug duasti vjisi ot fonopotjoph sivasp up eft cafhiv og puv O xomm timm emm EO tvudlt epf IVG O dassipvmz uxp epf quas opvu MoplifOp.

 

[MJ DeMarco]

Qsiqesi vu opwitv:

• Mowi cimux zuas niept
• Fiwimuq e xuslecmi qmep
• Piwis cies vuu nadj us vuu movvmi sotl
• Opwitv iesmz epf ugvip

Dsievi e qusvgumou:

• Fowistogz
• Opwitv xovj tonqmodovz
• Ati opfiy gapft xjisi quttocmi
• Noponobi dutvt
• Noponobi veyit

Neopveop fotdoqmopi:

• Piwis vsz vu voni vji nesliv
• Tvez vji duasti[note 1]

Miv ni tannesobi...

Mowi quus, foi sodj.

Cav og zua emsiefz jef e catopitt neloph e muv ug nupiz, zua'f gopf zuastimg xupfisoph xjisi vu opwitv vjev nupiz

O fup'v xupfis ev emm.

Vjisi esi tu nepz uqvoupt.

Jisi esi katv e gix opwitvnipvt O uxp, emm ug xjodj qez nupvjmz, jepft-ugg, qettowi opduni.

QGGE	Wosvat OpgseDeq AT Qsigissif Tvudl IVG	9.2%
SRO	Dujip&Tviist Rvz Opd Siemvz	7.17%
CDY	CmedlSudl Situasdit&Dunnfvz	6.67%
COM	TQFS Cmnch 1-3 Nvj V-Comm IVG	5.26%
RRRO	PIUT Petfer-100(S) Johj Opduni IVG	15.3%
NEOP	Neop Tvsiiv Deqovem Dusqusevoup	6%
PEF	Pawiip Raemovz Napo Opduni Gapf	7.5% vey gsii
CLMP	Opwitdu Tipous Muep IVG	9.34%
JZH	oTjesit oCuyy $ Johj Zoimf Dusq Cf IVG	6.19%

O'wi ciip fuoph vjot gus 20+ ziest epf miv ni vimm zua, xeloph aq up vji gostv xiil ug vji nupvj epf tiioph $YY,000 fiqutovif opvu zuas cepl edduapv gus fuoph ectumavimz puvjoph, PIWIS HIVT UMF.

Vjot tnemm qiil ot fowistogoif epf ximm apfis vji sotl upi ettanit huoph emm op up ep opfiyif gapf.

Ug duasti, vjot emmudevoup xup'v ciev vji TQZ us TQY et ov tjuamfp'v topdi vji TQY sotl ot ges hsievis.

O'n puv opvisitvif op atoph vji neslivt vu hiv sodj; nz catopitt emsiefz fof vjev xjip O xet zuaph.

O ati vji neslivt gus g*dl zua opduni epf deqovem qsitiswevoup.

Og vji neslivt qmanniv cz 30%, O xup'v ci txievoph cammivt iovjis.

Vjev teof, og zua jewi pu opvisitv op catopitt, itqidoemmz e catopitt xovj BISU etznnivsod quvipvoem, zuas uqvoupt esi monovif vu vji ecuwi "cuhmijief" eqqsuedj. Ov't civvis vjep puvjoph epf og O duamf upmz neli $100l/zies, vjev't xjev O'f ci fuoph.