There have been few investors, over time, that measure up to the genius of Jack Bogle. He left us with one of the best innovations in investing history: The Index Fund. He also left us with warnings as to how the stock market moves in practice. Specifically, he reminded us that the returns we get from the stock market can only come from dividends, corporate earnings, and speculation. Given that all numbers point to our speculative returns being far too high in the recent past, we may have some future pain to endure. Today, we will discuss:
1. Jack Bogle's warning
2. How the stock market has performed recently
3. What we can expect from the stock market moving forward
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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)