The days of defined benefit pensions are fading. These days employees more likely to have a defined contribution plan if their employer offers any retirement savings vehicle at all. That typically means that they are responsible for making investment decisions, though employers may offer some choices that narrow the field. For those saving in an Individual Retirement Account, a real option for a lot of people, the choices are even more numerous. Where do you start?
The information out there can be overwhelming. Here at KPL, we have many books about investing, and you can spend endless hours reading them all (you could have easily done all your Summer Reading Game reading with these books). One good place to start is with The little book of common sense investing by John Bogle who started Vanguard, the nonprofit mutual fund company which introduced index funds, giving individual investors the opportunity to invest in the whole market. It is a little book that gives a quick introduction to markets and investing.
The little book of common sense investing : the only way to guarantee your fair share of market returns