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RIP John Bogle


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http://www.nytimes.com/2019/01/16/obituaries/john-bogle-vanguard-dead.html

 

http://www.washingtonpost.com/local/obituaries/vanguard-founder-jack-bogle-dies-at-89-pioneered-the-index-fund/2019/01/16/22b6f156-19df-11e9-8813-cb9dec761e73_story.html

 

Mr. Bogle regularly gave half his salary to charities.

“My only regret about money,” he said in 2012, “is that I don’t have more to give away.”

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RIP

 

“My ideas are very simple,” he told the financial columnist Jeff Sommer of The New York Times in 2012. “In investing, you get what you don’t pay for. Costs matter. So intelligent investors will use low-cost index funds to build a diversified portfolio of stocks and bonds, and they will stay the course. And they won’t be foolish enough to think that they can consistently outsmart the market.”

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20 hours ago, BillsFanNC said:

RIP

 

“My ideas are very simple,” he told the financial columnist Jeff Sommer of The New York Times in 2012. “In investing, you get what you don’t pay for. Costs matter. So intelligent investors will use low-cost index funds to build a diversified portfolio of stocks and bonds, and they will stay the course. And they won’t be foolish enough to think that they can consistently outsmart the market.”

 

As I financial advisor people don't hire me to manage their money.  I hire people smarter than I am like Bogle to do that.  My clients hire me to make sure they don't do stupid ***** like go to cash in December. 

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