Jack Bogle: My Advice for Any Investor

John Clifton "Jack" Bogle (May 8, 1929 – January 16, 2019) was an American investor, business magnate, and philanthropist. He was the founder and chief executive of The Vanguard Group and is credited with popularizing the index fund. An avid investor and money manager himself, he preached investment over speculation, long-term patience over short-term action, and reducing broker fees as much as possible. In this video, he shared essential advice for investors, emphasizing simplicity in portfolio strategy. He recommended including just two types of funds: stock market index funds and bond market index funds. For younger investors, he suggested allocating a higher proportion to stock index funds to maximize potential gains. As investors age, he advised shifting the balance toward bond index funds to minimize risk.