Legendary Vanguard founder Jack Bogle says he’s cautious heading into 2012, and that investors need to take a long-term perspective. “With the economy, I’m cautious,” Bogle recently told the Associated Press (a tip of the cap to NPR for highlighting the interview). “I don’t expect a boom in consumer spending over the next two or [...]
Read moreBogle: Market Is a “Giant Distraction” for Investors in the Short Term
Vanguard founder Jack Bogle says the stock market is a “giant distraction to the business of investing”. Over the long run, he tells Fox Business Network, stock returns depend on how well Corporate America does; but in the short term, stocks have “inexplicable ups and downs” based on people’s opinions — not facts. He says [...]
Read moreBogle: Stay Disciplined — And Don’t Bother With Gold
Vanguard founder Jack Bogle says he thinks stocks will outperform gold over the next decade. “I think so for a simple reason, and that is stocks have an internal rate of return,” Bogle tells Fox Business Network. He says that rate of return is about 7.5% — about 2.5% from dividend yield and 5% from [...]
Read moreBogle Sees Stocks Outperforming Bonds
Vanguard Founder Jack Bogle says the odds are “very, very much in favor of stocks” outperforming bonds over the next decade, but also says investors might want to take a bit of risk off the table. “I would say given the dire outlook for the U.S. economy, unless our Congress can get its act together, [...]
Read moreBogle: Cash a “Terrible” Investment
Vanguard Founder Jack Bogle says that cash is “a terrible long-term investment”, and that trying to time the market by switching between stocks and cash is a “loser’s game”. Bogle also tells Fox Business News that he wouldn’t invest in real estate because of its lack of liquidity, and he gives his take on how [...]
Read moreBogle: Japan Will Recover; Don’t Bail on Stocks
Vanguard founder Jack Bogle says he thinks the turmoil in Japan and the Middle East will make for short-term troubles, but he expects Japan to recover and says investors should not get out of the stock market. “Be very careful about your asset allocation. I would never get out of the stock market,” Bogle tells [...]
Read moreBogle on Fundamentals vs. Emotions
Vanguard founder Jack Bogle recently offered his take on where the market and economy are headed, saying that he thinks stocks should gain about 7% per year in the next decade. Bogle tells Forbes‘ Steve Forbes that while emotions drive the market in the short term, fundamentals drive it over the long term. And right [...]
Read moreBogle: Focus on U.S. Equities, Not International Stocks
Vanguard founder Jack Bogle says stocks could double in the next decade, far outpacing bonds, but also says the global economy is in worse shape than many realize. “I expect stocks will have a dividend yield of about 2 percent, with stock price appreciation of maybe 6 percent from earnings growth,” Bogle recently told CNBC [...]
Read moreBogle on Why He Doesn’t Invest Internationally
While many investors are focusing on emerging market stocks, which have done quite well in the past decade, Vanguard found John Bogle is skeptical of them. Bogle tells Morningstar that investors keying on such stocks may be suffering from “rowboat syndrome” — much like someone rowing a boat, they have their eyes on where they [...]
Read moreBogle: Stocks Should Beat Bonds in Next Decade
Vanguard founder Jack Bogle tells Morningstar that he thinks stocks will outperform bonds over the next decade — but that investors need to be able to deal with volatility if they want to profit from stocks over that period. Bogle says that while no one knows for sure what the markets will do in the [...]
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December 30, 2011


