John Bogle on Bond and International Investing
Bogle talked to Morningstar about investing in Bond and investing overseas recently. His words of wisdom may surprise you:
1. Keep Bonds for the Bumps in the Road
Stocks should outperform bonds in the coming decade, but investors need a significant allocation to fixed income for stability in today's troubled market, says Vanguard founder Jack Bogle.
2. Don't Reach for Returns
Looking to nonconventional asset classes to chase extra return is akin to heading to the racetrack, says Jack Bogle.
3. Why I Don't Invest Overseas
During the next 10 years, Jack Bogle expects the U.S. markets to return roughly the same amount as international and emerging markets.
To read the transcripts at Morningstar.com, click here.