Vanguard Founder John C. Bogle Gives Advice to Young Person on the Perfect Investment Portfolio

First of all Rest in peace to this investing legend. John Clifton "Jack" Bogle was an American investor. He was the founder and chief executive of The Vanguard Group. An avid investor and money manager, he preached investment over speculation, long-term patience over short-term action, and reducing broker fees as much as possible. In this clip, he explains how to think about the perfect portfolio for the average investor. Also, states which asset classes may be best for people. This timeless investment advice is golden, and will still apply for the next decades.

Some of his books I recommend:

1. The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
2. The Battle for the Soul of Capitalism
3. Stay the Course: The Story of Vanguard and the Index Revolution
4. Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor
5. John Bogle on Investing: The First 50 Years

00:00 Advice To Young Person On Portfolio
02:09 Commodities In Portfolio
02:50 What The Average Investor Should Do
04:30 A Portfolio For The Next 50 Years

#investing #vanguard #portfolio #investment #finance

[mccoyji]

Gold is not fiat currency based. So maybe 10% in gold for backup plan.