dearJulius.com

5 investing lessons from the late Jack Bogle


By Dan Caplinger, The Motley Fool

The life of an investing legend

Jack Bogle passed away on Jan. 16, 2019 at the age of 89. As the founder of the Vanguard Group, Bogle revolutionized the way that millions of people invest. His index-investing approach has proven highly successful, and Vanguard's emphasis on keeping expenses low has paid off for those investors who've been willing to stay the course over the long haul.

Click ahead for five investing lessons from the late Jack Bogle.


1. Pay as little as you can to invest


Bogle emphasized the importance of finding cost-effective ways to invest. Before his index funds became popular, most mutual fund investors had to pay sales loads just to make an initial investment, and annual costs from those funds tended to be extremely high. Index funds changed that and helped to spur a greater focus on cutting costs in other areas of the financial world as well, including stock commissions from brokerage companies.


2. Diversify and prosper


Picking individual stocks can be highly lucrative, but it's also risky. If you pick a winner, then you'll dramatically outpace the market, but a loser could wipe out your portfolio. Bogle's index approach emphasizes the value of diversification, as most indexes are broad enough that no one stock can have a huge impact on your overall investment.


3. Don't let market panic scare you away from your investing strategy


Bogle always took a long-term approach, understanding that periodic downturns were inevitable but not trying to avoid them. Even when you incorporate all the ups and downs of the market, overall returns have been favorable, while trying to time the market more often than not leaves you on the outside looking in just as stocks are moving higher.


4. Come up with your own investing ideas


Independence was an important investing trait for Bogle. In the Wall Street world, there's a lot of pressure to conform to the expectations of other professionals in the industry, and there are few rewards for taking an extreme position unless it turns out to be exactly right. In Bogle's view, that gives individual investors an edge -- as long as they're willing to use it by building their own convictions and investing accordingly.


5. Keeping things simple pays off


More than anything else, an investor's allocation to various major asset classes -- stocks, bonds, and cash -- determines what that investor's long-term returns are likely to be. Picking individual investments has only an incremental impact on those returns. By focusing more on asset allocation and less on stock picking, you can keep things simpler while still cashing in on most of the rewards that the stock market offers.


Invest the Bogle way


Jack Bogle lived a long life and created a legacy that will help millions of investors well into the future. By investing the Bogle way, you'll be able to share in that legacy and achieve better investing results that will make it more likely that you'll reach your long-term financial goals.

|Featured Content_$type=three$c=3$l=0$m=0$s=hide$rm=0


A Part of Julius LLC
Made with in NYC by Julius Choudhury
Name

Banking,12,Bills to Pay,41,Bitcoin,2,Companies,7,Credit Card,11,Cryptocurrency,1,Debt,2,Emergency Fund,1,Entrepreneurship,1,Featured,47,Features,19,Home Improvement,12,Insurance,18,Investing,42,Marketing,1,Markets,23,Money,7,Mortgage,3,Office Improvement,1,Personal Finance,311,Personal Loan,2,Real Estate,165,Retirement,36,Save Money,23,Saving and Investing,9,Saving and Spending,16,Savings,4,Small Business,284,Startup,12,Student Loan,2,Taxes,56,Tips and Tricks,2,Top Stocks,2,Warehouse Improvement,1,
ltr
item
Finance Magazine: 5 investing lessons from the late Jack Bogle
5 investing lessons from the late Jack Bogle
The death of the Vanguard Group founder has millions looking back at the legendary investor's achievements over his long and illustrious career.
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEzKeWZlRZhakk5UD1RpYQaisLz2dF0oWlTW71w9piO0zh76KNXKn5wg47gLEMVZYFhbO4rqmbtA0i4AU8tL_w7m9jJm1TFpRn0K-2x_RkCnkcP7ttwd5_Hn0jYPrLDszUYNVGuRmpKzA/s1600/3.+Don%2527t+let+market+panic+scare+you+away+from+your+investing+strategy.jpg
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEzKeWZlRZhakk5UD1RpYQaisLz2dF0oWlTW71w9piO0zh76KNXKn5wg47gLEMVZYFhbO4rqmbtA0i4AU8tL_w7m9jJm1TFpRn0K-2x_RkCnkcP7ttwd5_Hn0jYPrLDszUYNVGuRmpKzA/s72-c/3.+Don%2527t+let+market+panic+scare+you+away+from+your+investing+strategy.jpg
Finance Magazine
https://finance.dearjulius.com/2019/02/5-investing-lessons-from-the-late-jack-bogle.html
https://finance.dearjulius.com/
https://finance.dearjulius.com/
https://finance.dearjulius.com/2019/02/5-investing-lessons-from-the-late-jack-bogle.html
true
2765933497744639011
UTF-8
Loaded All Posts Not found any posts VIEW ALL Read More Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content