How can I invest intelligently and as cost-effectively as possible in the stock market? John Bogle has summarized the answer in his handbook. The magic word is: ETFs - Exchange Traded Funds. For the first time, the inventor of ETFs explains clearly and understandably how to invest your money with minimal effort and costs while also achieving a stable and long-term return. The globally recognized entrepreneur and stock expert not only conveys how ETFs work but also explains what to consider when selecting them and how to use the right strategy to make ETFs the foundation of a solid retirement plan and a secure investment. The completely revised edition of the bestseller is now available in German for the first time.