conversations.from: human
conversations.value: Do you know a description for a book titled The Bogleheads' Guide to Investing about Bogleheads, Web, Bloomberg.com with the genre: Business & Money, Investing?
conversations.from: assistant
conversations.value: "The Bogleheads march readers smartly through the basics...[and] pepper the text with practical tips and Web links." ( Bloomberg.com , March 2006)
conversations.from: human
conversations.value: Do you know the first four paragraphs for this book?
conversations.from: assistant
conversations.value: The Bogleheads' Guide to Investing
  Here's a good rule of thumb to keep in mind: Never fail to buy insurance because the odds of something happening are small. For example, if you're moving to a desert city, you may think buying flood insurance is a waste of money. Not so. Floods can happen nearly anywhere, although the odds are much smaller in some places than in others. If the loss of your home and property in a flood would leave you financially devastated, you need flood insurance. If the odds of a flood are small, the price of insurance will be cheap.
  Are you one of those people who buy life insurance from an airport vending machine in case you die in a plane crash? Do you carry accidental death insurance? Do you carry a special health care policy for Alzheimer's disease? Those are examples of insuring too narrowly. Insuring against specific disasters is usually a waste of money. The insurance companies make large profits from selling special case types of insurance due to their emotional and impulse buying appeal. Buy a comprehensive health care policy to cover all contingencies.
  As Coach Lou Holtz remarked, "Sometimes the light at the end of the tunnel is a runaway train." There's no way of knowing beforehand when misfortune will strike, or what types of insurance you may need. You can only prepare for unexpected, worst-case scenarios and insure against them. With that thought in mind, let's look at some common types of insurance.
  The purpose of carrying life insurance is to provide financial support to dependents who would be deprived in the event of a breadwinner's death. If you have no dependents or are financially independent, you don't need life insurance. If you have a substantial estate to leave to your dependents, you may not need life insurance.
conversations.from: human
conversations.value: Add another sentence about need.
conversations.from: assistant
conversations.value: The Bogleheads' Guide to Investing
  Here's a good rule of thumb to keep in mind: Never fail to buy insurance because the odds of something happening are small. For example, if you're moving to a desert city, you may think buying flood insurance is a waste of money. Not so. Floods can happen nearly anywhere, although the odds are much smaller in some places than in others. If the loss of your home and property in a flood would leave you financially devastated, you need flood insurance. If the odds of a flood are small, the price of insurance will be cheap. 
  Are you one of those people who buy life insurance from an airport vending machine in case you die in a plane crash? Do you carry accidental death insurance? Do you carry a special health care policy for Alzheimer's disease? Those are examples of insuring too narrowly. Insuring against specific disasters is usually a waste of money. The insurance companies make large profits from selling special case types of insurance due to their emotional and impulse buying appeal. If you need life insurance, buy a policy that pays off no matter what the cause of death. Buy a comprehensive health care policy to cover all contingencies. 
  As Coach Lou Holtz remarked, "Sometimes the light at the end of the tunnel is a runaway train. " There's no way of knowing beforehand when misfortune will strike, or what types of insurance you may need. You can only prepare for unexpected, worst-case scenarios and insure against them. With that thought in mind, let's look at some common types of insurance. 
  The purpose of carrying life insurance is to provide financial support to dependents who would be deprived in the event of a breadwinner's death. If you have no dependents or are financially independent, you don't need life insurance. If you have a substantial estate to leave to your dependents, you may not need life insurance.
conversations.from: human
conversations.value: Do you know five more paragraphs?
conversations.from: assistant
conversations.value: Such designations indicate that the person has dedicated many hours to study and has passed rigorous examinations in his or her respective field. That demonstrates a serious commitment to professionalism. You can search for a CPCU in your area online. Go to: www.cpcusociety.org and click on the "Agent & Broker Locator" link. If you call the CIC Society at 800-632-2165, the folks there will send you a list of CIC agents who share your ZIP code on request.
  Some agents represent only one company. Other agents are independent, which gives them more latitude to shop and find the policies that make the most sense for you. Once you locate a good agent, it's a good idea to give the agent as much of your insurance business as you can. By doing that, you become a more important customer and it's in that agent's best interest to see that you are well covered and well served. A good agent won't sell you insurance based on the cheapest price but, rather, on what policy best fits your needs. Also, you won't be pressured to buy what you don't need, and the agent will stay in touch with you regularly to see that your coverage is up-to-date and sufficient.
  What we have covered in this chapter is just a broad overview of the types and amounts of insurance you may need. It's by no means all-inclusive. That's why we recommend that you seek the services of a good insurance professional.
  Although bad things happen to everyone, it's important to remember that you can reduce the odds of many of them happening to you by following a few simple rules:
  Following those rules doesn't mean you won't need insurance, but it's an almost sure bet that you'll lead a better life.
conversations.from: human
conversations.value: Do you know the last five paragraphs?
conversations.from: assistant
conversations.value: Based on your total point score for each goal, select a suggested mix of asset classes from the table on page 291. The asset allocation indicated by each total point score is only a suggestion, and you still might reasonably select a different mix, one with slightly higher or lower risk. Record your choices in the spaces below, since you'll need to refer to them when you select specific funds.
  Stock funds. Actively managed growth or value funds, or index funds that track the total stock market or segments of it.
  Bond funds. Actively managed short-, intermediate-, or long-term corporate, government, or tax-exempt funds, or index funds that track the total bond market or segments of it.
  Money market funds. Actively managed taxable or tax-exempt funds that invest in cash investments issued by governments, corporations, banks, or other financial institutions.
  Balanced funds. Actively managed or index funds that hold a mix of stocks, bonds, and (sometimes) cash investments. This type of "all in one" fund can automatically maintain your target asset allocation through a single investment.