John Bogle

John Bogle

Age: 08.05.1929

Company: Vanguard

Credo: It is all about the commission charges.

Nicknames: Jack, Saint Jack (were applied by both his friends, and opponents).

Quote: "Don't let a miracle which gives long-term capitalization of the income, turn it into horror on long-term capitalization of losses".

Principles. When in 1976 John Bogle started the first index fund Vanguard 500, some derided an invention, calling it recklessness. But the investor continued to bend the line — and by 1996, having undergone an operation on a heart transplantation, could be convinced of his correctness: his inconsistent idea that it is impossible to beat the market, only low expenses matter, was generally recognized. Vanguard Group is the world's largest family of mutual funds today, having under control $2,6 trillion.

Invest like Bogle. Distribute investments between stocks of the companies from the list of the Vanguard Total Stock Market Index and Vanguard Total Bond Market Index indexes. Consider age and the attitude towards risks. Try to automate investments and stop thinking constantly about actions. You have many other important issues.

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