Dark as this outlook may be, investing guru John Bogle says
people need to “stay the course” if they are to have hope of buying homes or
putting children through college or saving for retirement," reports the
New York Times.
Vanguard, the penny-pinching mutual fund company founded by
John C. Bogle, has become a colossus. Its index funds — once derided for not even
trying to beat the market — are now the industry standard….
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