What is the Boglehead strategy?

In summary, the Boglehead strategy is composed of five pillars.

1. The first pillar involves saving a lot.
2. The second pillar involves selecting an asset allocation containing both stock and bond asset classes.
3. The third pillar involves buying low-cost, widely diversified funds.
4. The fourth pillar involves allocating funds tax-efficiently.
5. Finally, the fifth pillar involves staying the course and not jumping in and out of investments at the wrong time.