John Bogle, founder of Vanguard, has a prescriptive post on the WSJ.com website. I think it is pretty cut and dry and I like his advice. Although, I think he can be a little windy in the interviews I have heard with him.
It is interesting his point about buying the market. If you look at Vanguard's Total Market ETF, it has outperformed the S&P500 significantly over the past 8 years.
No comments:
Post a Comment