John C. Bogle Top 5 Quotes. Add your favourite quote below 👇 #quotes #inspiration

Add your favourite quote below 👇 #quotes #inspiration

John C. Bogle

"Time is your friend; impulse is your enemy."
This quote emphasizes the importance of taking a long-term approach to investing and avoiding impulsive decisions based on short-term market fluctuations. By staying focused on your long-term goals and maintaining a disciplined investment strategy, you can avoid making emotional decisions that may harm your portfolio's performance.

"Don't look for the needle in the haystack. Just buy the haystack!"
This quote emphasizes the idea that instead of trying to pick individual stocks, investors are better off investing in broad-based index funds that track the overall market. By doing so, investors can benefit from the collective performance of the market and avoid the risks associated with picking individual stocks.

"The mutual fund industry is a giant marketing machine that exists to sell you products."
This quote highlights the idea that the mutual fund industry is primarily focused on marketing and sales rather than providing investors with the best investment options. As an investor, it's important to be aware of this and to carefully evaluate the costs and performance of mutual funds before investing in them.

"Time and again, history has proved that the best and only way to build long-term wealth is to invest in great companies and stick with them through the inevitable ups and downs of the market."
This quote emphasizes the importance of a buy-and-hold investment strategy focused on high-quality companies with strong long-term prospects. By investing in these companies and holding onto them through market fluctuations, investors can benefit from their growth and generate strong long-term returns.

"The miracle of compounding returns is overwhelmed by the tyranny of compounding costs."
This quote highlights the idea that the fees and expenses associated with investment products can have a significant impact on an investor's returns over time. As an investor, it's important to carefully consider the costs associated with any investment product and to look for low-cost options that can help to maximize your returns over the long term.