John Bogle: How to Invest When Market Declines

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 creating the first 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.

The ideal investment vehicle for Bogle was a low-cost index fund held over a period of a lifetime with dividends reinvested and purchased with dollar cost averaging.

In this video he talked about how to invest effectively in a really hard time. He suggested people reduce their stock levels by 5-10% and adjust their portfolio based on their abilities to deal with market decline, including their financial abilities and emotional abilities.

Feel free to share this video with a friend if you found it helpful. Consider subscribing to the channel for videos about trading, investing, the stock market, crypto, business, passive income, managing money, personal finance, and so on.