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John Bogle Stands Pat On Wall Street Bet

FYI: Asked to explain his retirement investing philosophy to young people, Vanguard Group founder John Bogle summed it up very simply: Expect a 7% return from the growth of American business and nothing more, and never, ever speculate
Regards,
Ted
http://www.marketwatch.com/story/john-bogle-stands-pat-on-wall-street-bet-2015-05-21/print
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