Jack Bogle: Beware of This One Mistake 99% of Investors Make

Jack Bogle talks about a common investment mistake that almost all investors make. Bogle is the founder of Vanguard and the founder of several books including The Little Book of Common Sense Investing. This interview originally took place in 2016.

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[InvestorCenter]

Jack Bogle: How to Invest When Stock Prices are at All Time Highs 🔽

[johnstephen]

Vanguard is one of the most important companies ever founded in the history of finance. I hope Jack Bogle will forever be remembered as the man who gave up billions so that the common man could make millions. RIP sir.

[iwillpro]

A genius, a giant, a wonderful good person. A great loss for all the humanity. Thanks Mr. Bogle, forever!

[villagecarpenter]

Great man! I followed his sound advice, invested in Index funds and bought his books and handed them out to all my nieces and nephews. They all now have Index funds and should retire in style. I think it is extremely important to educate your children about this. They surely wont be learn this in public school.

[tuannguyen-ytty]

Don’t peek and keep buying is the key 🔑 . Thank you sir 🙏🙏🙏

[Chironex_Fleckeri]

Bogle's advice is the simplest path to retirement with dignity. We only get one shot at life. I don't want to lose $50k in my early 30s playing the stock market like a fool. Ive seen it recently. I'm not a professional investor, and I cant afford to lose money while I'm young! I just want to have a comfortable retirement.

[arctan]

Bogle speaks with such precision and grace. A true American hero.

[treedoor]

Always buy an index fund.

If you are going to buy a stock, buy what you know, and better yet buy stock of a company that makes something you buy and enjoy.

Never ever listen to stock advice from people who get paid whether they are right or wrong (all financial news media)

[randyparlor]

I like the overall perspective, but most people do not have their expenses under control to the degree where they cannot look at (consider taking) some of their investments for 50 years. This means mutual funds and other investments must produce great returns over shorter periods of time like 25 to 35 years or so. No load low expense broad stock index mutual funds did for me taking me to millions in under 25 years. Having my budget / expenses under control allows me to not have to pull from them during the past two years even though I retired early at 55 years of age.

[stemikger]

If it wasn't for Jack's creation of Vanguard and giving us the first retail index fund, my life would be so different now. I'm close to 59 and starting to see retirement in the next few years and I have enough in my fund at this point and don't even look at it. It's such a great feeling to have piece of mind at this time of one's life.

[H.L.S.]

Man I wish I knew about this when it was 18. Compound interest using an s and p index fund over 20 years is a miracle. The soundest financial advice you could possibly get for retirement

[jaik-investmentsandwealthc]

I take a mixed approach... i use my direct cash investment in picking stocks but eventual returns are parked in ETFs... so my indexing side of portfolio is growing slow and steady...

[theartofmoneysaving]

"Big old boring indexing is the answer" ✅✅✅

[carlosg]

S&P 500 index has increased more than 70% since 2016

[markrusso]

The Patron Saint of the working man - wonderfully put

[stupossibleify]

Can't disagree with anything. But I also can't not look at my index funds every 5 minutes :)

[kierxn]

absolute legend, index fund investing at 18 because of bogle

[vlj]

Mutual fund has high management fee and low liquidity. I prefer index ETF. Thank you sir!

[Ravencroft]

If you're a foreigner, indexfunds don't always allow you to take advantage of the double tax treaty on dividends many countries have with each other. For example you'd pay 30% withholding tax on your dividends in the US and the full % withholdingtax on what's left in your homecountry, while you could have paid only 15% in the US (+ your domestic tax) if it were an individual stock of which the provenance is certain.

[thomasstorrs]

I am a testimony that he is 110% correct.