Monday, September 2, 2019

Jack Bogle on Index Funds, Vanguard, and Investing Advice

Here is the link.

I like to spend time to think about words from Jack bogle.

In investing, you get what you don't pay for


Despite Vanguard's incredible success, Bogle didn't become fantastically rich. Instead, Jack passed on as much savings as possible to Vanguard investors, bringing fees for his funds to razor-thin levels (and dragging the rest of the fund market with him). As a result, Bogle helped all investors get better returns on their retirement savings, drastically reducing underperformance caused by high management fees. As Bogle said in 2012, "My ideas are very simple. In investing, you get what you don't pay for."




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