Some Fatherly Words of Wisdom from Jack Bogle, Founder of Vanguard Investments, to My Sons

Art Carey, a reporter for the Philadelphia Inquirer, shared some words of advice he received from Jack Bogle a few years ago. Carey asked Bogle the following question: "Pretend I am your son. What advice would you give me about how to live a long, happy, honorable life?" Here's a summary of what Bogle had … Continue reading Some Fatherly Words of Wisdom from Jack Bogle, Founder of Vanguard Investments, to My Sons

What’s Your Tolerance for Risk?

When planning for your financial future, it's important to understand the notion of risk tolerance and to assess your own level of risk tolerance. According to Investopedia, risk tolerance is the degree of variability in investment returns that an investor is willing to withstand. Risk tolerance is an important component in investing. You should have a realistic understanding … Continue reading What’s Your Tolerance for Risk?

Words of Wisdom from An Investing Pioneer

John Bogle, founder of the Vanguard Company, one of the most respected and successful companies in the investment world, died this week. He left behind a legacy that has impacted the lives of millions. Tim Buckley, Vanguard’s chief executive, put it this way, “Jack Bogle made an impact on not only the entire investment industry, … Continue reading Words of Wisdom from An Investing Pioneer

Why Complicate Things?

Earlier today on CNBC,  LeBron James asked Warren Buffett for some investment advice, and Buffett's advice was quite simple: "... just make monthly investments in a low-cost index fund." Buffett has given such advice before, specifically telling his heirs to put the money from his estate into a very low-cost S&P 500 index fund, recommending … Continue reading Why Complicate Things?