{"id":2624,"date":"2006-10-29T10:03:13","date_gmt":"2006-10-29T10:03:13","guid":{"rendered":"http:\/\/zmetro.com\/?p=2624"},"modified":"2006-10-29T10:03:13","modified_gmt":"2006-10-29T10:03:13","slug":"john_bogles_rec","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=2624","title":{"rendered":"John Bogle&#8217;s Recent San Francisco Talk"},"content":{"rendered":"<p><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/c\/a\/2006\/10\/29\/BUGV1M0SAB1.DTL\">Kathleen Pender<\/a>:<\/p>\n<blockquote><p><i>Bogle believes investors should simply buy the lowest-cost index funds available and hold them forever. His rule of thumb is to take your age minus 10 and hold that percentage of your assets in a total bond market index fund and the rest in a total stock market index fund. For example, a 30-year old would put 20 percent in bonds and 80 percent in stocks.<Br><Br><br \/>\nThis strategy nearly eliminates &#8220;the two greatest enemies of equity investing &#8212; expenses and emotions,&#8221; Bogle said.<Br><Br><br \/>\nBogle&#8217;s attitudes have barely changed since he started the first index fund in August 1976.<Br><Br><br \/>\nThat fund, now called Vanguard Index 500, has about $112 billion in retail assets and is the second-largest fund after American Funds&#8217; Growth Fund of America, according to Morningstar.<\/i><\/p><\/blockquote>\n<p>Bogle wrote the excellent &#8220;<a href=\"http:\/\/www.zmetro.com\/archives\/004057.php\">Battle for the Soul of Capitalism<\/a>&#8220;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/c\/a\/2006\/10\/29\/BUGV1M0SAB1.DTL\">Kathleen Pender<\/a>:<\/p>\n<blockquote><p><i>Bogle believes investors should simply buy the lowest-cost index funds available and hold them forever. His rule of thumb is to take your age minus 10 and hold that percentage of your assets in a total bond market index fund and the rest in a total stock market index fund. For example, a 30-year old would put 20 percent in bonds and 80 percent in stocks.<Br><Br><br \/>\nThis strategy nearly eliminates &#8220;the two greatest enemies of equity investing &#8212; expenses and emotions,&#8221; Bogle said.<Br><Br><br \/>\nBogle&#8217;s attitudes have barely changed since he started the first index fund in August 1976.<Br><Br><br \/>\nThat fund, now called Vanguard Index 500, has about $112 billion in retail assets and is the second-largest fund after American Funds&#8217; Growth Fund of America, according to Morningstar.<\/i><\/p><\/blockquote>\n<p>Bogle wrote the excellent &#8220;<a href=\"http:\/\/www.zmetro.com\/archives\/004057.php\">Battle for the Soul of Capitalism<\/a>&#8220;.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,3,39,35],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/2624"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2624"}],"version-history":[{"count":0,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/2624\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}