A Quote by John C. Bogle

Invest as efficiently as you can, using low-cost funds that can be bought and held for a lifetime.

John C. Bogle

Quote Topics

Bought Cost Efficiently Funds Held Invest Lifetime Low Low-Cost Using

Quote Author

John C. Bogle
American - Businessman
May 8, 1929 - January 16, 2019

I have no special knowledge of markets, so I invest solely in low-expense index funds, plus some cryptocurrencies.

James Holzhauer

Invest in low-turnover, passively managed index funds... and stay away from profit-driven investment management organizations... The mutual fund industry is a colossal failure... resulting from its systematic exploitation of individual investors... as funds extract enormous sums from investors in exchange for providing a shocking disservice... Excessive management fees take their toll, and manager profits dominate fiduciary responsibility.

David F. Swensen

Many financial innovations such as the increased availability of low-cost mutual funds have improved opportunities for households to participate in asset markets and diversify their holdings.

Janet Yellen

I bought everyone in my family a car, I bought my mum a convertible Mercedes. I bought a studio at a ridiculous cost - just insane.

Chesney Hawkes

Full service brokers, in this day and age of low cost mutual funds and discount brokers, are really nothing more than machines for ripping off retail investors.

Joel Spolsky

There were two qualities about the mutual funds of the 1920s that made them extremely speculative. One was that they were heavily leveraged. Two, mutual funds were allowed to invest in other mutual funds.

Ron Chernow

And to improve access to the UK publishing industry - I'm hoping to set up an internship or work experience for someone from a low-income background, as soon as we have the funds. While we don't have the funds, we won't have an intern.

Deborah Smith

Getting a traditional pharmaceutical to the market can cost a billion dollars or more. Newer, more tailored and targeted drugs called biologics are even more complex and expensive. Simple economics dictates that companies and venture funds will invest more in products that can generate a sufficient return.

David Mixner

In investing, you get what you don't pay for. Costs matter. So intelligent investors will use low-cost index funds to build a diversified portfolio of stocks and bonds, and they will stay the course. And they won't be foolish enough to think that they can consistently outsmart the market.

John C. Bogle

MCJOB: A low-pay, low-prestige, low-dignity, no-future job in the service sector. Frequently considered a satisfying career choice for people who have never held one.

Douglas Coupland

I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they can move the money around the family of mutual funds just through a phone call lets them feel that they can play tycoons.

Ron Chernow

We need a federal government commission to study the way our financial services system is working - I believe it is working badly - and we also need more educated investors. There are good long term low-priced mutual funds - my favorite is a total stock market index fund - and bad short term highly priced mutual funds. If investors would get themselves educated, and invest in the former - taking their money out of the latter - we would see some automatic improvements in the system, and see them fairly quickly.

John C. Bogle

The companies that provide debt, what do you think their goal is? Is their goal for you to fully understand the cost of your debt? No. So they're basically creating these approaches to make you feel like it is incredibly cheap or just to think about the cost per day rather the cost per year or cost for a lifetime. So debt is very simple mistake.

Dan Ariely

Venture funds get beaten up for not investing in important things. Okay, if you want venture funds to invest in important things, then don't penalize or make fun of them when those important things don't work.

Bill Maris

If we invest in researching and developing energy technology, we'll do some real good in the long run, rather than just making ourselves feel good today. But climate change is not the only challenge of the 21st century, and for many other global problems we have low-cost, durable solutions.