index fund and holding that over a time period.
Did you invent the index fund ?
And an index fund is a fund that tracks a market, a broad market index.
We're talking about index fund investing, and specifically VTSAX, which is Vanguard's total stock market index fund and the one I recommend the most and love the best.
It's the only index fund , like it has all the of an index fund , but has equity kickers.
This is a Vanguard index fund .
which--I love index funds and I think they're great things for lots of reasons, and you don't have to believe markets are efficient or rational to think an index fund is a good
basically get that using an index fund .
And when you invest in an index fund , that fund attempts, to the best of its ability, to mirror everything in that index.
Equities generally if you buy an index fund , you probably will earn 6% to 8% over the next 10 to 20 years
But if you buy an index fund , you're just buying the stock market of America.
This is Vanguard's total stock market index fund .
and Vanguard now is the biggest index fund provider.
And when Jack started the first index fund , it was called Bogle's Folly.
The commodity product is an index fund .
If you could buy an index fund that has the whole market at essentially zero cost and
investors of funds are beaten by an index fund .
Let's say a fund like a broad market index fund , like an S&P 500 fund.
And one of them is a broad-m market index fund that invests in US companies.
So for example, an index fund might track the S&P 500 index.
fund what is called generally a total stock market index fund , which in the Vanguard case is with the Russell 3000.
pay that off because you're not likely to do better in an index fund , in a broad market index fund .
You're not going to compound to the highest return if you buy an index fund .
More common-- and the original fund Jack Bogle created-- is the S&P 500 index fund .
But you will certainly probably find something that is a broad-based index fund .
VTSAX, which is a total stock market index fund , owns-- and it varies-- about 3,600 companies.
Bogle, the high priest of the index funds, he swears that over time you do better as a long-term investor in index fund .
gone down-- emerging markets have been weak this year-- you sell one emerging market index fund and buy another.
Vogel invented--well, created the first index fund for retail investors a few years later.
You would most likely, if you put it in an index fund or an ETF-- and I talk about those in my book--
If you don't want to diverge from the crowd, you can just buy an index fund .
And if I don't, it's a perfectly smart thing to buy an index fund .
If I want to match the market, I can do it for almost free with an index fund .
if they are willing to put in the time to study-- additional time than it would take to just invest in an index fund , let's say, what
But then the best thing to do with your personal excess capital is to buy an index fund , like the ones run by Vanguard
It's an index fund , but it's small in capitalization stocks;
The index fund can't do that and I would think that it would make passive managers even better,
You can't just buy one index fund .
The great irony is that Jack Bogle, who is the founder of Vanguard and the inventor of the first index fund available to the public,
I mentioned the one that I like the best is VTSAX, which is Vanguard's total stock market index fund .
It might not come from Vanguard, which is my preferred company, but an S&P 500 index fund is pretty much the same
As I mentioned, the plan you see in the books is that the investments are supposed to go up about 7% a year if you're investing in a low-fee index fund .
And it has to be something that, intellectually, you enjoy doing because otherwise, you're going to be better off with index fund type solutions,
Well, I think we have been-- of course, the first index fund was founded by a company called Vanguard,
And in fact, I sometimes like to think that Jack and I were the only to investors in the index fund .
It's being above average, being in a low-cost index fund .
I sometimes say if when I wrote my book, I knew that Warren Buffett was going to be Warren Buffett, I wouldn't have said "buy an index fund ."
So again, if you're dollar-cost averaging every month and using the Vanguard options, it's probably better to do the index fund than to pick individual stocks.
What I mean is that when the government owns half of a company what the index fund uses as a weight is only the part that trades freely,
Whereas the real individual investors are simply saying, "Well, I picked an index fund , I got my asset allocation right.