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"Vanguard founder Jack Bogle’s advice to fretful investors"
Old 11-04-2014, 04:57 PM   #1
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"Vanguard founder Jack Bogle’s advice to fretful investors"

http://www.marketwatch.com/story/jac...dist=countdown


Nothing new, but always good to hear again.
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Old 11-04-2014, 05:04 PM   #2
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He has simple but extremely smart message...
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Old 11-04-2014, 05:08 PM   #3
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At least give us a hint...
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Old 11-04-2014, 05:29 PM   #4
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Great message and perspective! Thanks for sharing.
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Old 11-04-2014, 05:32 PM   #5
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At least give us a hint...
No kidding.
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Old 11-04-2014, 05:41 PM   #6
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At least give us a hint...
It is more less first lesson I gave to my daughter about investing.

Simplicity is elegant and does not need many words.
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Old 11-04-2014, 05:41 PM   #7
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Here's the gist from the article

“What’s going on in the market is domination of short-term speculation over long-term investment,” he said. “Long-term investors simply are not affected by the comings and goings of the market, where it looks like it goes up 100 points on odd-numbered days and down 100 points on even-numbered days.

“As I have said before, the daily machinations of the stock market are like a tale told by an idiot, full of sound and fury, signifying nothing,” Bogle added. “One of my favorite rules is ‘Don’t peek.’ Don’t let all the noise drown out your common sense and your wisdom. Just try not to pay that much attention, because it will have no effect whatsoever, categorically, on your lifetime investment returns.”

On why investors should ignore the noise and just aim for the index return over a lifetime:

“Returns are created not by the stock market, they are created by U.S. business, our corporations,”
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Old 11-04-2014, 06:44 PM   #8
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He has simple but extremely smart message...
To wit:
Quote:
If the stock market’s September-October flip-flop scared you, Jack Bogle has some advice on how to tackle what’s about to happen next: Close your eyes.
Also in the headline:
Vanguard founder Jack Bogle’s advice to fretful investors: Shut your eyes and let indexes do the work
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"Vanguard founder Jack Bogle’s advice to fretful investors"
Old 11-04-2014, 06:51 PM   #9
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"Vanguard founder Jack Bogle’s advice to fretful investors"

Jack Bogle, IMHO, is a hero of the working class. I have to think he has literally helped millions, probably tens of millions of working people insure a better life for themselves, their families and others.

Bogle brand shark repellent - The original. None better.
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Old 11-05-2014, 10:13 AM   #10
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His best guess is 7% nominal return for stocks. Should be about 4% - 5% real return then?

I'd go for that.
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Old 11-05-2014, 10:21 AM   #11
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His best guess is 7% nominal return for stocks. Should be about 4% - 5% real return then?

I'd go for that.
+1, would exceed my expectations!!! Our AA and plan is based on 0-2% real returns. Let's hope...
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Old 11-05-2014, 10:21 AM   #12
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Jack Bogle, IMHO, is a hero of the working class. I have to think he has literally helped millions, probably tens of millions of working people insure a better life for themselves, their families and others.

Bogle brand shark repellent - The original. None better.
Amen!

heh heh heh -
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