Jack Bogle on Index Funds, Vanguard, and Investing Advice
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- Опубліковано 16 січ 2019
- Jack Bogle transformed the investment management industry. Over a career lasting nearly half a century, Bogle was a crusader for individual investors, working to bring the interests of asset managers in line with those of their investment clients.
In 1975, Bogle founded the Vanguard Group, structuring the business as a mutual company, meaning that Vanguard is owned by the funds it manages and, as a result, the funds' investors. A year later, Bogle and Vanguard introduced the first ever index mutual fund available to the general public, aiming to track the performance of the broader market while charging the lowest fees possible. At first, many in the investment industry snickered at Vanguard's new index funds, but over time Bogle's idea took hold. While maintaining some of the lowest fees in the business, Vanguard has grown its assets under management from $1.8 billion at its founding to $5.3 trillion as of September 30, 2018, making Vanguard the second largest asset manager in the world.
Despite Vanguard's incredible success, Bogle didn't become fantastically rich. Instead, Jack passed on as much savings as possible to Vanguard investors, bringing fees for his funds to razor-thin levels (and dragging the rest of the fund market with him). As a result, Bogle helped all investors get better returns on their retirement savings, drastically reducing underperformance caused by high management fees. As Bogle said in 2012, "My ideas are very simple. In investing, you get what you don't pay for."
All investors are indebted to Jack Bogle for his efforts over 40+ years to make the investment industry better serve the interests of individuals. As we remember Bogle's life and his contributions, we hope you'll enjoy this conversation between Bogle and Motley Fool Motley Fool CEO Tom Gardner recorded in 2016.
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Just reached 21.000 after 1 year of savings and now 3 months of steadily investing in ETF.
Can't wait to reach 100k.
Zero debt , zero credit card ever.
Piano teacher
First hit $100k in early 2020, that covid dip really hurt at the time. 4 years later that dip is barely noticeable on the long term chart and we are well over $300k with increased contributions in recent years.
Keep grinding out there! ABB - Always Be Buying!!
I deal with an investment advisor for this reason. I currently have over $70k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons under guidance. Our current project for this year is a more concrete ballpark target this year.
hello James, How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
My CFA ’Melissa Maureen Ward’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.
I have about $250k distributed across various investing accounts, with 35% of my capital invested in an IRA and 25% in index funds. In Q3, 2023, I suffered a great deal. I'm just searching for methods to get better in 2024 right now.
Adding JEPI and JEPQ is smart for nearing retirement. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an advisor to help in diversifying your portfolio to spread out the risk.
I agree! Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future. That’s what works for my spouse and I. We've made over 80% capital growth minus dividends.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
Jennifer Leigh Hickman is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Antonio Joel. A widely known crypto consultant
I started working with Antonio Joel back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
yeah Joel was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Joel Antonio. He is my number one source when it comes to crypto and TA.
I know him, he is my family's personal broker and also a personal broker in many families I'm United States, he's a licensed broker and a FINRA AGENT
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks this year. Hope to make millions in 2024.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Who is your advisor please, if you don't mind me asking?
Lisa Ann Moberly ’’ can't divulge much. Most likely, the internet should have her basic info, you can research if you like
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
You won't. This isn't slot machines. You'll be lucky to get 10% profits which is beating the market so 35k would be a decent year off your 350k. You need to be way more realistic.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
Investment results might vary from investor to investor, even with the best strategy and suitable assets. Acknowledging experience's crucial role in investment success is essential. I realized this importance for myself and consulted a market analyst, which helped me build my account to around a million. Having carefully withdrew my profits before to the market downturn, I'm now taking advantage of buying possibilities once more.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I appreciate this tip. Your handler was simple to locate and appears to be extremely capable and adaptable. We scheduled a phone conversation.
Spent his life fighting for lower fees for the retail investor, this man is a legend!
Hollywood should make a movie about Jack Bogle. 🎥
And lived just long enough to actually see his philosophy be adopted
He is a hero of the modern age in inventing such a simple low-cost way of increasing the wealth of ordinary people.
Raheel Akhtar z CNN ppl ppl
Sharp as a pin, passionate, think I’ll be buying me a piece of Vanguard!
Jack gave up being a billionaire so the investor can become a millionaire
true
So true, I pray you’re in heaven right now and continue to watch over Vanguard from up there.
It worked for my wife and I
Mr Bogle was not greedy. There was enough profit to go around. These active managers and financial advisers are leeches. Their actions gave fiduciary advisers are reputations.
@@tekootianderson I was not implying Bogle was greedy, quite the opposite.
Bogle made Vanguard have negligible fees to benefit the investor, Bogle would be much wealthier had he kept fees high like on wall street.
Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?
as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management
Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.
this is huge! mind if I look up the advisor that guides you please? only invest in my 401k through my employer for now, but enthused about diversifying my investments for a prosperous financial future
Finding financial advisors like Lisa Angelique Abel who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
investors can never be sure what will happen next, bearish periods ultimately establish a new set of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
For the average citizen, the tactics are rather demanding. In actuality, most of them are effectively completed by experts who possess the necessary knowledge and skill set to carry out such occupations.
You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.
fascinating! I am new to this whole thing. I've heard that now is a wonderful time to buy, and basically, I have some cash hanging around in the bank that I would really like to spend, especially since inflation is at an all-time high. Who is this coach that helps you, and may I check them up?
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
This is Jack at 87, speaking and thinking like 37!
If we're lucky we'll be half as sharp as he was at that age!
He died.
The Motley Fool i’d be lucky being half as sharp at my 37 !
I'm 31 and my thoughts aren't nearly this clear
I only wish
I’ve been investing in the SP500 for around 7 to 8 years so far. It is tough to beat. Mostly invest in that, and in a select few companies I think can beat it over time. Also, been in Berkshire Hathaway for around the same time frame. Do you own Berkshire? What businesses do you think can beat the SP500?
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital asset, i accrued over $80K in dividends last year
I’ve been down, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
I have “Sonya lee Mitchell” as my investment manager. She has a solid reputation when it comes to diversifying portfolios and making. Them less vulnerable to market downturns. She may be a name you are already familiar with from Newsweek.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
“But invest you must”. In the short run, the stock market is a casino, but in the long run, it is a cash flow machine.
I like that quote
Nice one
Compounding
Yoda quote. "but invest you must, financial gains you will receive". Love listening to our elders who been through it
Nice man thanks
RIP Saint Bogle
Patron Saint of Finance!
showmoke this deserves more upvotes my friend!
damn I knew I should never go down to the comnets, what a spoiler
He passed away the day before this video was posted.
I've heard that index funds and ETFs provide diversified stock market exposure while spreading risk. I have over $800K in savings; What's the most effective strategy to allocate funds in my portfolio and generate profits?
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
That's quite incredible! My p0rtfolio has been performing poorly and i've lost a significant amount of money, therefore I could really use their advice. Who is the advisor?
She goes by 'Vivian Louise Dehoff'. I choose to delegate my excesses to her because of her great expertise. I suggest you look her up.
I have 1k 😂
Lot of variables that are needed to answer your question.
I think age is one of the most important factors. Which that will tell you risk ratio etc.
You also have to think about your goals, purchases timelines etc
The man could read investment advice as bedtime stories
Its funny that you mentioned that! 😅
Lmao 🤣
I agree! Clear, concise voice.
Dividends are good. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of lack of experience.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
‘Sonya Lee MItchell’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
This guy was just an awesome example of intelligence and altruism. Heard he could've been a billionaire, but his main goal was to help others. At least we have his videos for guidance.
don't forget his books
The power of the internet.
Yes and he died a richer man than all the rest.
Jack Bogle “on a crusade to give investors a fair shake.”
An extraordinary individual who has made a lot of workers a lot of money with his philosophy.
As I would see it, the go to solution for climate this downturn and high expansion is momentary exchanging, rather than long haul exchanging, most people utilizing these methods are netting a lot of gains, sure the dangers are higher yet once more isn't the ongoing business sector similarly as unsafe?
In my perspective, short-term trading, as opposed to long-term trading, is the best strategy for navigating this recession and high inflation. The majority of people utilizing these strategies are making huge profits.
Since the outbreak of 2020, which had a significant impact on the market, I've been running all of my investment decisions through an investment coach because their entire philosophy is centered around using a high-profit oriented blueprint while simultaneously going long and short, as well as reducing risk exposure as a hedge against inevitable downtrends. Underperforming is almost impossible when combined with their access to strange data and analysis.
@@mayacho4910I suppose that's why, according to investopedia, demand for investing advisors has increased by nearly 41.8% since the epidemic. Regardless, kindly refer the advisor who helped you.
@@helenoliver4838 I thoroughly recommend 'PRISCILLA DIANE AIVAZIAN", an investment advisor who is subject to US SEC regulation. She has assisted me with my portfolio for many years. Look her up online; she's a well-known figure.
So I curiously searched for PRISCILLA DIANE online, I discovered her webpage, which features glowing testimonials about her professional background, Thanks.
He does not sound like a old man at all
I thought that too! Didn't seem to have that "tired" cadence to his voice
He's got a sports announcers voice!
I was thinking he same thing - he sounds sharp for a 90 year old!
Indeed! Why is that so? He spoke like he was in his 30's
Lolo Ben Channel becuase he has had open heart surgery a couple of times and was having a young 30s man heart during his late age. Idk maybe that has something to do
I'm 70 and retired, I have $302k in a bank savings account making nearly nothing in interest. I’d like to put it in a HYSA (5%) or should i put a portion in index funds? I have $400k in an annuity. How do i maximize all this to make gains this year?
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my advisr are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
Massive gains! mind sharing details of your adviser pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help fuel my money goal
She goes by ‘’Jessica Annabelle Rupp’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
At your age, id simply buy a fixed deposit bond that pays 5% guaranteed. That's 35k a year guaranteed. Id do that for say 7 years and then, as a child-free person, Id just use the principal sum to spend on cruises and luxury travel. You won't need much money past 85.
Who disliked this video? This guy is the financial equivalent of Yoda.
people who overcharge their clients for financial planning
Active managers & financial advisers. Lol
Intelligence fool people
Day traders, stockbrokers and financial "advisors" at banks.
The firm that wanted me to let them manage my retirement funds for a large fee.
The S&P 500 finished down 20% in 2022. This means long term investors have a great starting point in 2023. Here are 4 very popular ETF’s: $VOO- S&P 500 fund $VTI- Total US stock market $QQQ- High growth, tech $SCHD- Growth + Dividends...I want to spread across $400k into profit yielding dividend equities but unsure of which to get into.
Simply put, if you’re not investing in dividend stocks, you’re doing it wrong.
Speaking with an advisor helped me stay afloat in the market and grow my portfolio to about 65% since January, , and in just a few months, I was able to earn over $650K in net profit from high dividend yielding stocks. you should try it if you're unsure about the market.
my partner’s been considering going the same route, could you share more info please on the advisor that guides you
I started out with a financial advisor called " Helene Claire Johnson ". Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI. However, do your due diligence before contacting a financial advisor.
She actually appears really understand the market. I just did a Google search for her name and found her webpage, I appreciate you sharing
One of the smartest minds and one of the few honest people on wall street.
That's why he's a LEGEND! :)
Say that again !
As an advisor this made me like Vanguard more but as The Fool 100 has proven you can beat the index.
)ll l loo
0
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
Time to buy! Got some deals in 2020 and our net worth has exploded.
Once upon a time, I was an eager investor. With high hopes and dreams, I diligently built my investment portfolio over the years. But as the tides of the market turned against me, my once-promising investments began to crumble. Stock prices plummeted, bonds defaulted, and my hopes faded away. With each passing day, my portfolio dwindled, mirroring the sinking feeling in my heart. I watched helplessly as my hard-earned savings vanished, leaving behind a lingering sadness and a stark reminder of the unpredictability of the financial world. I'm here again because I want to get back on track.I need ideas to get on on a recovery process
You can get back on track by following this simple process: Take stock of your financial goals, risk tolerance, and investment timeline. Understand your investment losses and the factors that contributed to the decline. This self-assessment will help you communicate your needs effectively to a financial advisor. Remember to seek the help of a professional financial planner(CPF) as you start over, which is what you should've done from the get go.
As for me, I see any market condition as an opportunity. So far I've made north of $260k in raw profits from just Q3 of 2022 under the guidance of my Financial-Advisor . Am I selling? Absolutely not. I have purchased growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out.
@@joshbarney114 I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@@harwellron1289 Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. “Colleen Janie Towe” is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
@@joshbarney114 She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.
What a great man! I once wrote him a letter thanking him for what he has done for the little investor. To my surprise, he answered my letter thanking ME on a post card. I have saved that post card and will pass it on to my family.
How cool!!
Thats awesome!!
Wow!! I was thinking while watching this video I would've written him a letter if he were still with us...
Lucky you and amazing gesture from Mr Bogle.
Hi! You are so luck & blessed
Jack Bogle was kind enough to let Vanguard become co-operative and owned by the public. He never wanted ownership of the Fund he founded. He died with a paltry net worth of 180 million$. In comparison, Fidelity founder, Edward Johnson made 8.2 billion or (8200 million$) by owning Fidelity. We are all forever indebted to Jack Bogle. Thank you sir!
but fidelity also offers zero fees on some investments and no minimums. many people can not do the 3, 5 or 10 k minimums that vanguard requires.
@@ryanfisher1454 invest in the eft equivalent
He died with $80M, not $180M.
80 not 180 but point taken.
Should I give up on Trade?
What should I do?
How may I do better?
What I'm I doing incorrectly?
here is my problem I have been making losses trying to make trade. I thought to trade demo is just like the real..can anyone help me out or at least tell me on what to do.
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
Google " katefxfloretta " anywhere take classes to learn to trade.
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH. stock,silver and gold)
When it comes to Trade, I can confidently say that bitcoin is the best option. But most people think it's all about buying and leaving it to rise but It takes a lot more you need to trade it to earn daily.
So tough to see him and now he is dead. He was not only a legend, but HUMBLE. My hero
Yes My hero
how sad, just watching this today and I was not aware of that!
Oh wow me either 😢
Youngsters starting in investing need to learn the ropes, know how much risk they can handle and spread their investments around. Some folks get help from money experts or do their homework before making investment moves. It's all about being smart with your money.
Overall, the stock market provides a platform for buying and selling shares of publicly traded companies, offering potential opportunities for investors to grow their wealth, but it's essential to approach it with knowledge and caution.
I've been getting assisted by a Financial Advisor for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
Any help pointing me to who your advisor is?
Can't divulge much, Lisa Angelique Abel is the advisor that oversees my portfolio. She's an extremely intelligent person, very thoughtful, cautious, and has an outstanding credentials, it's easy to find her on the web.
Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.
As you plan your retirement, be sure to
talk with a financial advisor who can help you make the most of your retirement investing scheme.
@@user-vk8vu4li2x Very true, If you're looking for help
building a retirement nest egg, you most likely want a certified financial planner with expertise in retirement planning. With the aid of a coach, I grew my reserve from $160k to almost $600k during this Red season.
@@user-zw7cd7pe4u How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.
@@user-vk8vu4li2x KRISTIN GAIL CUNNINGHAM. On the internet, that’s the financial advisor I use. She’s verified; you could also read more about her and then communicate with her. it’s always good to do your research before putting your money into any investment.
@@user-zw7cd7pe4u Thank you so much! Found her webpage and left a message. Hopefully, she responds.
I started buying some more stocks at the beginning of the year, but nothing big. Why am I treating this so harshly? I still want to be the first person in my polygamous family to make a million dollars despite the fact that others in my field make six figures per person. I am well aware of the costs associated with working more to get more money.
If the market has taught me anything, it's that it usually makes a comeback, but I can't seem to concentrate on the long term, especially because important things like my retirement and my reserve are having a disastrous impact on inflation. I need a solution and a data trajectory that I can trust as soon as it is practicable.
Currently, the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
In fact, I'm not sure whether I'm permitted to say this, but I'd suggest searching for “ Laurel Dell Sroufe” as she gained a lot of attention in 2020. She is both my coach and the manager of my portfolio.
She has an impressive career and impressive qualifications, so I can understand why she is so busy. I thus quickly copied Laurel's full name and entered it into my browser.
Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020. A trader made over $350k in this recession influenced market
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
Wish I would have seen this 10 years ago, but it's never too late.
This is really good to be true I never expected my Ethereum withdrawal from Austin today.
+:1:8:3:3:7:7:5:0:7:0:7;W/h/a/t/s/A/p/p/< With> /
A/U/s/t/In/
Phil, Hey, it's August 2021 now. I hope you got on the right track and stayed, when you posted 2 years ago.
As thrilled as i am that my IRA is jumping again, as long as rates stay high. I am at a crossroad if to invest 300k cash of it in the S&P500 buying large caps or in the 5.3% money market. I am open to ideas.
The choice between money market and stocks depends on your time horizon and risk tolerance. Stocks offer dividends and long-term growth, while money markets provide fixed returns. Consulting a fiduciary advisor is wise for a tailored financial plan. from personal experience, my portfolio has grown to $1.3M, a 25% increase from last year, with robust diversification and inflation hedging.
@@colleen.odegaard This is exactly how I want to coordinate my finances before I retire. Can you recommend the fiduciary who got you started?
Of course, I have been working with ,"Heather Ann Christensen' and the beauty of it is that her knowledge covers a wide range of financial advisory services, including digital assets. I'd recommend you look her up yourself to do your due diligence.
She goes by ‘Heather Ann Christensen’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you for sharing, I must say, Heather appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
This man made me a millionaire. Thank you mr bogle and vanguard.
How can I be in your position? I'm 19 and don't have much going on in my financial life.
brayan rafael if your only 19 and asking this question your on your way to being rich. Watch as many videos of mr bogle as you can and read about investing. I was young when I started saving and invested in index funds. If you need any help I’m glad to help in any way. Save, invest, and keep the course.
@@brayanmarquez8985 invest in index funds based on the s&p 500 like the fnilx fidelity fund. Put at least 200 dollars into it every month and watch it grow into a fortune over several years.
Thanks for your response rgarri and Harrison. I truly appreciate it and will do my best in following through.
@@brayanmarquez8985
Wish I found this guy when I was your age!! $1000 invested now for you will be worth $17,500 at age 50. Adjusted for inflation, it will get you $7,400 worth of buying power.
At 30, that same $1000 will be worth $6700, adjusted for inflation is buying power of $4000.
At 40, $1000 invested until you’re 50 is $2600, or after inflation $1950 buying power
So $1000 invested at 20 is worth nearly double $1000 invested at 30 and nearly 4 times the $1000 if you invest it at 40.
Now, those numbers are to 50 years old. The difference is quite a bit larger out to 60 or 65. But at 50, after investing a % of your money for 30 years, you could easily retire on the average income.
1/ get your cashflow sorted with a budget. Financial freedom by Grant Sebatier has a great way to do it.
2/ set up an emergency fund of about 3-6 months of cash depending on your circumstances. If you have no responsibilities, you probably don’t need 6 months straight up.
3/ regularly invest a % of your income in index funds (The SP500 is my favourite and it’s where Buffet’s wife invests 43:00)
4/ learn about ‘the 4% rule’. Understand what it’s based on and think how it would apply to you, because you might need to adjust it a bit from the investment side of things (it’s based on 1/2 bonds and 1/2 a market index fund) and the 4% draw down strategy may not last as long as you need it, especially if you retire early.
5/ AVOID DEBT. Dave Ramsey has a great way of upgrading your car if you need it without debt. I say this because the calculations I gave earlier mean that if you buy a car that you can’t really afford to save for at that time in your life, you are sacrificing a few extra years of having to work at the end of your working life. Any reduction in the amount you invest in your 20s has a much larger effect 20-30 years later. And believe me, your 20s are fun....but the life you’ll have 20 years later is HEAPS better if you just invest regularly.
If you’re deciding to pay off your house or invest, a few people have done some calculations. 10-13 years repayment schedule on a house from where you are today. If you had extra funds above that repayment schedule, invest the extra in index funds, as the investment return from that will be greater than the interest saved.
Personally, I have 6 month emergency fund and am fully invested in SP500, with regular contributions. Well, until covid! Im glad I had the emergency fund, because it completely removed the stress. As I approach my retirement age, I’ll start increasing my emergency fund to 3-4 years living expenses, putting some of it into bonds. Then apply the 4% rule. You don’t need to switch to income producing indexes, just sell down the required amount every pay day. 4% in a year = 0.154% every 2 weeks. Or on $2m portfolio, that’s $80k the first year. So sell down $3070 a fortnight. You’ll outperform income dividend paying stocks with this method (Terry Smith in his 2018 shareholder meeting on YT explains)
Best of luck!
As an avid investor, I frequently ponder how successful investors get millions of dollars from their investments because I see some people content with their strong portfolios. I have over $545K in equity from the sale of my house, but I'm not sure what to do with it. Should I invest in stocks now or should I wait for a better opportunity?
I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.
who is your advisor?
Please ignore this recommendation of a specific financial advisor (Carol Pasol Lewis). A quick Google search reveals it is a scam.
@@GwendolynCalliope scam. Please do not contact the recommended adviser.
Do need the money now? It all depends on when you need the money... if you need it now - money market. If not, index funds.
I sold my mutual fund after watching this video, and moved to Index fund. May Jack’s soul RIP. 🙏
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@keanureeves316 However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments
@keanureeves316 Judith Ann peace is her name
Lookup with her name on the webpage.
@keanureeves316 You are welcome .
Jack is in heaven I'm sure, preaching about indexing. RIP Jack...
"what's your time horizon?"
"well, I'm already dead, so, forever?"
He is just like the nicest grandpa anyone could ever have in this video.
Buying of ETFs is easy, but buying the right one without a time-tested strategy is incredibly hard. Hence which is best to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions.
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
The concept of using spreadsheets has always seemed incredibly time-consuming and superfluous to me. Each month, I simply deposit a large sum of money into my savings accounts, retain my spending money in an other account, and make an effort to spend as little money as possible.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Wow, that sounds great, but how can I contact your investment adviser?
Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
His mind is as sharp as a 20 year old, even the way he speaks.
True
Just taking a moment to acknowledge how cognitively sharp and well spoken this man was at 85.
That's what I was thinking. If you were just listening you would never guess his age .I just proves if you keep using your brain you stay sain.
Started investing with this company when I was 21 fresh out of the Army. Worked at my job, saved money read his book, invested... Retired when I was 54, I'm 65 now.... go figured. The man is honest, well intentioned, and well spoken.
Which fund did you invest in if i can ask? Thank you
Congrats mate well done 👏
Which fund did you invest in?
@@abubaderanas prob sp500
What are you keeping yourself busy with?
Wow! I retired early this year because of following this man’s investing philosophy and using Vanguard. What a good and honorable man. If only all financial investing services companies’ leadership operated like Jack Bogle. We will not see his like again.
Awesome, I am just starting to watch it because I am investing. Please, would like to know you started and retired at early age.
Widdermaker great for you. I used to be a stock broker 2007 2009. You are 100 right in everything you said including how financial investing services companies leadership is not trustworthy anymore.
How to start investing in vaguard?
@@hoyeshibg1370 You can open a brokerage account or a traditional/roth ira. From there, you add money to the account. You can then use that money to buy into a vanguard index fund. Make sure you browse all the funds available on vanguards website so you know what works for you. You can't go wrong picking VFIAX or VTSAX.
Can someone advise me how to start investing. I am 54 . I know, I am late to this. I would truly appreciate.
jack Bogle - single handedly destroyed the overpaid, stripy shirted, $1000 a bottle Dom perignon-quaffing, yacht-renting, testosterone-drenched hooray-Henries' culture. Also made me a decent chunk of money in doing so. Thank you sir! I raise my glass of $80 champagne to you
Around the world, inflation is causing a number of issues, such as food shortages, diesel and heating fuel shortages, skyrocketing housing costs, and financial market collapse. We could end up being affected by this global financial crisis for a very long time. My main problem, given the current rate of inflation, how can i get the most out of my $280,000 in Roth IRA, which has been stagnant for eons with little to no growth.
A strategy to protect against inflation is through the stock market, especially the S&P500 & various index funds that track the S&P500. Investors must know where to put their money and how to distribute it in order to protect it against inflation while still making a profit, especially during a recession.
@@MatthewVinson Since the U.S. dollar is stronger than it has ever been, I believe that the impact of a rise or fall in the value of the dollar on investments can take many different forms. However, learning how to grow your money has never been simpler than it is right now because you can use a successful investment advisor to explore and experience a truly diverse market passively.
Although we are not used to such troubled markets with slight bloodbath, the mass hysteria and panic are understandable given that the US Stock Market had been on its longest bull-run in history. However, there are opportunities hiding around if you know where to look; I've made over $850k in the past 10 months with the help of an Investment Advisor.
@@IAMBETTERTHANYYOU That's actually quite impressive!! I could use some Info on your CFP, I am looking to make a change on my finances this year as well.
@@kashkat987 Having an advisor is essential for portfolio diversification. My advisor is "LISA ELLEN SHAW" who is easily searchable and has extensive knowledge of the financial markets.
Started vanguard 14 years ago , consistent return of 11% annualiized
Which Vanguard? ISIN? S&P?
which one? I've just started im going in on vti 11% sounds really great
which one ? VTSAX ? also i see fidelity doesntt charge fee .. wwhat u think abtt that
The pandemic has shown us just how quickly decades of planning, investing and saving can be completely upended. This could mean your current financial plan might leave you without enough money to last your retirement. A recent Vanguard study found that, on average, a hypothetical $500K investment would grow to over $3.4 million under the care of an advisor over 25 years, whereas the expected value from self-management would be $1.69 million, or 50% less.
In other words, an advisor-managed portfolio would average 8% annualised growth over a 25-year period, compared to 5% from a self-managed portfolio
@@stevensmiddlemass2072 I agree; for over 17 months, I've maintained regular contact with an investment advisor. Nowadays, it's really simple to invest in trending stocks, but the challenge is knowing when to sell or hold. To support me with entry and departure points, my advisor steps in. Within 18 months, I've accrued almost a million dollars from an originally stagnating reserve of $300K.
@@DanLeahfort I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them? It Intrigues me to keep learning
I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with "STACIE KRISTAL WEBER" for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@@DanLeahfort I just checked her out and I have sent her an email. I hope she gets back to me soon
I am Proud to say that I am a partial owner of Vanguard thanks to Jack Bogle, may he rest in peace.
Never heard of a man at his age who could speak so concisely, eloquently, and intelligently while staying humble, empathetic, and humorous. What a damn legend. Glad I put a significant amount of my investments with Vanguard. ❤️
Old man physically, but a brilliant mind. Sharp as tack!
He was one of our favorites!
I love Jack Bogle's voice and how well he expresses his thoughts, plus he is witty and humorous. What a financial genius.
The investing legend for the 99%. Rest peacefully.
YES and so true and needed to all underminded people who feel you cant make it month to month need to Practice these,s Investing ideals and suceed!
Facts 🙌🏽
"So conservative that I'm liberal." What a great line.
Mt.Rushmore of investment
1.Jack Bogle
2.Warren Buffett
3. Ray Dialio
4. Benjamin Graham
Awesome list!!! Since Benjamin Graham was before the others, I would put him in the middle on the mountain with the rest around him.
Why is Benjamin Graham number 4?
Where is Peter Lynch?
Jim Simons!
Gordon gecko
This man, Jack Bogle, changed my family’s life. Read “Bogle on Mutual Funds” and learn how low fees can make you wealthy. A great man leaving a great legacy at Vanguard.
I salute Jack every time I see him on UA-cam. Legend. He’s lives on in anyone who holds a index fund.
I think the common retail investor owes a great deal of gratitude to him yes.
same
Lucky for me I read his book in the 90's. Helped me retire young from a job I hated. Thank you Jack.
which book was that?
What the name of his book please?
Name of the book? Thank you!!
@@khalidvlog4103 the little book of common sense investing by saint Jack :)
Thank you.
The greatest friend the ordinary investor ever had. Memory eternal!
I have so much respect for this man. He worked hard for the good of others and there is nothing more admirable in this world than that. My portfolio is 50% Vanguard ETFs.
It’s easy to like videos that have gone viral that show good people doing good things, like handing a $20 to the poor, giving someone the shirt off our backs, giving a cancer patient the game ball, saving a puppy, etc. What flys under the radar, is someone like Jack. He has made us common folk capable of becoming extremely wealthy. It is one of the most profound, selfless, altruistic acts that doesn’t get enough credit. This man is my true American idol.
"To manage an ego, which is difficult for all human beings"
"Well not for me but for everyone else"
lol
Tony Momanyi 😂😂
I only discovered of Mister Bogle's incredible work last year, and he mentored me on investing, through his various UA-cam videos. Very fortunate to have lived in this great man's time.
check out his books--I have given quite a few as gifts
@@davidcarson7855 There is also a interesting video of him you can watch on Amazon Prime Video. Hollywood should make a movie about him.🎥
@@AllAmericanDreamChaser Thank you for your suggestion. I'm going to check it out!
Never heard of this man, I dont know anything about investing, but he's given me inspiration to learn about finances. Thank you sir and R.I.P.
HAM BONE if u liked him, buy VOO every month no matter what and never sell
@@Xtefanno what is voo
@@missshannon9790 Basically it's the Vanguard S&P 500 Index Fund, one of the ways to invest in the S&P 500. A lot of people don't realize the S&P 500 is an index so you can't really invest in it, but you can invest in funds that follow the index itself, buying and selling the stocks that the index represents.
Hello but how do you invest in Voo I have Vanguard now and can you please help
I must say the analytical skill and ability to formulate and articulating his thoughts so precisely are breathtaking for his age.
After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?
Concentrate on two main objectives. First and foremost, keep yourself safe by knowing when to sell stocks to reduce losses and maximize gains. Second, prepare yourself to gain from a market turnaround. I advise you to seek the advice of a representative or financial counselor
@@MarcelPhilips In fact, ever since Coronavirus, I've been in regular communication with financial examiners. Nowadays, buying moving stocks is quite easy; the trick is knowing when to buy and when to sell. The section and leave orders for my portfolio are made by my counsel. accumulated more than $550,000 from a $150,000 savings that was initially stale.
@@harrisonjamie794 Please provide the information for your investment advisor here. I really need it now.
@@MarcelPhilips She is KRISTIN GAIL CUNNINGHAM , my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.
@@harrisonjamie794 sincerely thank you I looked her up on the internet and was awestruck by how qualified she was; I contacted her since I need all the help I can get with canning. I've just scheduled a call.
Wow, it is amazing how articulate he was at that age.
Right? Sadly his body hated him. See the fingers? He has osteoarthritis nodules on his hands, they are painful.
Amazing to see Jack, so much to learn from him!
This dude was sharp as a tack up until the end of his life. I can't think of a more genuine business leader who created more value for others then Jack Boyle.
"Investors (our client) first". I like this guy.
I am up £ 12k this month and I started investing into ETFs and Stocks just 2 years ago and the only advice I can give you is there is never a perfect time
Truly stated and I fall in this category, just stumbled on this video and I think it spoke to me, I don't even know much on investing. Can you show me how to ?
@@Arief351 I wouldn't have or know much to teach you but above is the mail of a senior investment analyst Benjamin H. Ravies, he is under my broker and I invest under his tutelage, ensuring I generate good ROI. He would help you too
BENJAMIN RAVIES (a Gmai comm to leave a mail
Nice, are there any requirements to use the service of your account manager Mr Ravies? what's his commission
@@frankcooker8012 I just mailed him and awaiting his response, thanks a lot
We love you Jack Bogle. Thank you for everything!
Wow! This is the first I’ve watched an interview with Mr. Bogle. I can see why JL Collins is/was so ferociously loyal to Jack and Vaguard. That is a very rare human!
Such a high level of honesty and integrity with a sprinkle of genius. RIP MR Jack Bogle.
Just made my Vanguard account, moving my 401K over. Wish I would have done it sooner. Jack is the best, Thanks Sir.
Mr. Bogle always put the individual investor first. Such wisdom. I recently read that his family lost his childhood home in the depression so he overcame so much. Rest in peace. Great interview. Thanks Motley Fool. I remember you guys from many years back.
I have NEVER watched a video this long all the way through. This was AWESOME. So many gems and Mr. Bogle was heaven sent for sure. I'm sure he definitely served his purpose here on earth!!🙏🏽🙏🏽🙏🏽
Im 21 years old trying to start an investment portfolio and Jack Bogle is the one i am listening to. His deeds, wisdom and advices are so timeless and simple,it is great for begginer investors. Rest In Peace Sir. 🙏
One of my most prized possessions is one of his books autographed by the man himself.
I've never heard of Jack Bogle. I've never owned a share in my life. I'm 49, and I'm now dumping $30K into VOO and will invest $1000, minimum, in it every month until I'm 65. Thank you Mr Bogle. God bless you!
VOO is a fantastic choice. I’m 29 and about 70% of my Roth IRA portfolio is comprised of VOO. Best of luck to you!
Bogle is awesome. I like the interviewer too here, he's asking good questions and not interrupting him as he gives detailed answers.
Following the principles of money-Get out of debt, stay out of debt and invest as much as I could- I was able to retire at 52. I became serious about my financial welfare in my thirties and in that short time along with many sacrifices I was able to leave the work force. Well worth the struggle. Jack’s advice is priceless.
You can tell Dave is interviewing one of his mega heroes.
This man was so sharp for his age. God bless him. RIP.
Jack Bogle was a God. Just that simple. I still have my Vanguard investing guideline booklets from the late 80's that formed my investing decisions through today. Everything in this hour long video could have been taken out of that 1980's booklet. Buy index and never look back.
Sir Jack Bogle was a Legend, is a Legend and will be a Legend in the world of Finance - Investments. A great video to watch.
I am a new investor and I can"t stop listening to this man.So refreshing.
Just blows my mind, who are these people disliking something like this. What a legend! An irony I came across this during COVID-19 time, his words then are so relevant now
I think Bogle is one of America's greatest statesmen since Ben Franklin.
Indeed
Yes Right
His body doesn’t match his spirit which is very young.
Exactly my thought! He sounded soo energetic here (and in all his vdos!)
Ageist. I know many vibrant older people. You should get to know a few, they are everywhere. The idea that old people are passively/slowly dying is very outdated. In fact, it is the fasted demographic for sexually transmitted disease!! Get out there and get to know people. I promise you'll be pleasantly surprised
Rest in peace 🙏🏼
When I heard about John C. Bogle 1 week ago I searched for interviews on UA-cam, and began to read his last book. I thought he was still alive. Now I realize this interview is the last he made and I thank him for sharing his life knowledge. And thanks to this channel to give us the chance to see it into this video.
I have questions about his forecasting for this decade. But I'll try to find the answer by myself. RIP Jack 🙏🏼
My hero!! My dad died young and for the last 25 years, every major decision I was unsure about, I said to myself what would Jack do? I watched endless videos of him speaking common sense and his books have been an endless source of encouragement and guidance. Jack is no longer with us, but his Common Sense lives on in all of us who dared to listen. Thank you St. Jack!
The best investing advice an average investor can follow and comprehend. One of my favorite interviews with Jack.
Mr. Boogle is so precious. I like to listen him talking and keep watching his videos over and over again. FULL of wisdom and right advice for people. May he be having a great time in heavens! Amen.
I could listen to him nightly, going to sleep, knowing that he has helped many regular folk to rest easy at night, all over the world.
He speaks so younger than his age!❤️. To me investment is a life saver, what you put in, you get! "Garbage in garbage out" I am happy for myself today due the decision I took years back.
Your right "he looks so younger than his age"
What do you trade on?
Is it possible to diversify individual stock portfolio? How do I go about it?
Vanguard ❤️
@@philippelambert4229 sure!
You can feel his good energy in the video
Finding this at 34 will Change My Family's Life‼️
Forex trading has left me no choice but to keep investing cause it's makes so much profits for me
Listening to this in August of 2020...wait till you hit around 25 minutes. It gets eerie when he speaks about the fragile world we live in. Jack was full of a lot of life wisdom, not just investment wisdom.