There’s not many people in the financial world that have earned as much acclaim and adoration as the founder of Vanguard, John Bogle. Like his good friend Warren Buffett, these two men exemplify radical humility in an industry loaded with oversized egos.
Should you include international stocks in your investment portfolio? If yes, how much? If no, why not?
To index or not to index - that is the question many investors ask themselves when building a durable investment strategy.
John Bogle, the founder of Vanguard, recently conducted an extensive interview with a financial insider publication called Money Management Executive. In this no holds barred interview, Bogle shares his opinions and wisdom on index funds, ETF’s and alternative investments and how they are being used and marketed to the public.
“A person saving for retirement who chooses low-cost investments instead of higher-cost ones could have a standard of living throughout retirement that's more than 20 percent higher”, says Noble Prize winner William Sharpe.
In a recent interview published on the Stanford Graduate School of Business website, Sharpe, a professor emeritus at the school, clearly illustrates how much more money retirees would have if they saved for retirement using lower-cost index funds rather than higher-cost actively managed funds.
I'll warn you up front, the article The Inadequacy Of Our National Savings, appearing in the current issue of Financial Advisers magazine is a long one, but information you really can't ignore.
Bogle Discusses Investment Risk During Volatile Times
As an avid John Bogle fan as well as a strong believer in the value of using low cost index funds for your core portfolio, these new kids on the block, fundamental index funds are, well - sexy!
As any fan of John Bogle would know, his esteemed leadership as the former head of Vanguard is one that has benefited investors worldwide. It was John Bogle that brought index fund investing to the masses.
