Mar 30, 2011

Jack Bogle on commodity investing as speculation

The problem with commodities, gold included, is they’re completely ranked speculation while the ways of delivering stock and bond return are easy. Stocks are riskier but they grow at the rate of our GDP. I think this is gonna be a good decade for that, but I’m worried about the obvious aberrations we’re facing in a political system that doesn’t’ want to respond to current events that gravely affect our nation.

~Jack Bogle, founder, Vanguard, FOX Business interview, March 30, 2011

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