Thank you, Jack Bogle !!

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Thank you, Jack Bogle !!

Postby Taylor Larimore » Sat Nov 17, 2012 3:47 pm

Bogleheads:

Today my wife and I returned from a Caribbean cruise.

Thank you, Jack.

Best wishes
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle
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Re: Thank you, Jack Bogle !!

Postby nvboglehead » Sat Nov 17, 2012 5:02 pm

Taylor, welcome back.

I also feel grateful to Jack, and I am happy that I have had the opportunity to tell him so on a number of occasions. The Vanguard Group and the Boglehead philosophy are a dream come true to me. I would be lost without them.

Dale
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Re: Thank you, Jack Bogle !!

Postby exoilman » Sat Nov 17, 2012 5:11 pm

Listened to him today on PBS "Wealth Track". He is truly the best IMHO. I hope he can get the message out to more people every day.

Sam
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Re: Thank you, Jack Bogle !!

Postby Mel Lindauer » Sat Nov 17, 2012 6:09 pm

exoilman wrote:Listened to him today on PBS "Wealth Track". He is truly the best IMHO. I hope he can get the message out to more people every day.

Sam


Hi Sam:

The message is, indeed, getting out to more and more people throughout the world. In addition to all the US-based Local Chapters, we have one in Paris and just yesterday we just opened another Local Chapter in Taiwan. viewtopic.php?p=1533027#p1533027
Best Regards - Mel | | Semper Fi
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Re: Thank you, Jack Bogle !!

Postby Call_Me_Op » Sat Nov 17, 2012 8:11 pm

exoilman wrote:Listened to him today on PBS "Wealth Track". He is truly the best IMHO. I hope he can get the message out to more people every day.

Sam


As discussed on Wealth Track, more and more people are switching to passively managed funds. So word is spreading.
Best regards, -Op | | "In the middle of difficulty lies opportunity." Einstein
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Re: Thank you, Jack Bogle !!

Postby phish_indexer » Sat Nov 17, 2012 11:38 pm

About 2 1/2 years ago, at age 24, my finances were in poor shape. Not in shambles, but certainly not in a good position. I was paying down student debt sporadically and putting a meager amount (couple hundred monthly) in a savings account earning 0.1 % APY. I knew I needed a change but had no idea how to save and always wondered how any but the highest earners could ever contemplate retirement.

As fortune would have it, I was online looking for an easy recipe for homemade whole wheat bread (I love to bake and cook) when I came across http://www.thesimpledollar.com/. The bread recipe was OK but the rest of the site's personal finance message was even better. I immediately opened a savings account with ING to establish my Emergency Fund and had 3 months of expenses covered fairly soon. I got hooked on watching my interest accrue, even if it was just a few dollars monthly. So I started looking for higher returns. I read some Graham (excellent but not my style) and some Motley Fool and Jim Cramer and was skeptical. So I kept looking.

Eventually, that same site that I had previously visited led me to Vanguard and a Bogle book, and I ended up reading A Random Walk Down Wall St., Bogle on Mutual Funds, and a couple Swedroe books in about a month's time. They gave me the courage to open an IRA with Vanguard (went with the STAR fund at first since it was the only fund with a 1k minimum at the time), start contributing to my company's 401(k), immensely increase my savings rate, and they eventually led me to this site and my local Boglehead chapter. Fast forward 2 1/2 years and I am the resident expert in my group of friends and family about intelligent investing, always recommend this site and its message/philosophy, and am hopefully on my way to financial freedom many years down the road.

Thanks to Jack Bogle, and to all other authors and posters that regularly contribute to this site (Taylor, Mel, Larry Swedroe, Rick Ferri, and Bill Bernstein off the top of my head.) It has truly been a blessing. I'd be lost without Vanguard and the majesty of simplicity and passive investing.
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Re: Thank you, Jack Bogle !!

Postby thebogledude » Sun Nov 18, 2012 12:21 am

I am joining the Thank you Jack Bogle bandwagon. This forum is like my nagging mother who finally got me off my butt and start investing for my retirement again. I got side tracked with golf.
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Re: Thank you, Jack Bogle !!

Postby NAVigator » Sun Nov 18, 2012 3:19 pm

Thank you Jack for inspiring others, including Taylor. Thank you Taylor for using the inspiration from Jack to form the Diehards and ultimately the Bogleheads. The message has multiplied to inspire thousands through this forum, the Wiki, two collaborative books, local chapters, Boglehead reunions etc.

There is much to be grateful for now as Thanksgiving approaches.

Jerry
"I was born with nothing and I have most of it left."
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Re: Thank you, Jack Bogle !!

Postby LynnC » Sun Nov 18, 2012 4:26 pm

Thank you Jack for inspiring others, including Taylor. Thank you Taylor for using the inspiration from Jack to form the Diehards and ultimately the Bogleheads. The message has multiplied to inspire thousands through this forum, the Wiki, two collaborative books, local chapters, Boglehead reunions etc.

There is much to be grateful for now as Thanksgiving approaches.

Jerry


+1

LynnC

Good for you, Taylor and Pat!
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Re: Thank you, Jack Bogle !!

Postby abuss368 » Mon Nov 19, 2012 12:09 am

Thank you Jack!
John C. Bogle: "You simply do not need to put your money into 8 different mutual funds!" | | Disclosure: Three Fund Portfolio + REITs
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Re: Thank you, Jack Bogle !!

Postby david99 » Mon Nov 19, 2012 2:05 pm

Taylor,

We also thank you for all the great advice you have provided over the years.

Wishing you many more cruises!
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Re: Thank you, Jack Bogle !!

Postby EternalOptimist » Mon Nov 19, 2012 4:11 pm

Saw the Wealthtrack interview this weekend and thoroughly enjoyed it.
"When nothing goes right....go left"
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Re: Thank you, Jack Bogle !!

Postby nvboglehead » Sat Jan 19, 2013 11:38 pm

Vanguard has $2 trillion in assets under management. If Jack Bogle had retained an interest in the company that he founded instead of setting it up with its mutual ownership structure, he could be profiting greatly now. If he were paid just one basis point a year for VG's A.U.M., then he would supplement his annual income by $20 million. I am amazed at his generosity. He will surely be the most altruistic and selfless man that we will ever know.

Thank you, Mr. Bogle!

Dale
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Re: Thank you, Jack Bogle !!

Postby khh » Sat Jan 19, 2013 11:50 pm

I first saw Jack Bogle on WSW with Louis Rukeyser in the early '80s and I was hooked. Everything he said had the ring of truth. It wasn't long before I put his philosophy into practice. Guess you could say I chose wisely:)
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Re: Thank you, Jack Bogle !!

Postby winterescape » Sun Jan 20, 2013 10:01 pm

phish_indexer wrote:About 2 1/2 years ago, at age 24, my finances were in poor shape. Not in shambles, but certainly not in a good position. I was paying down student debt sporadically and putting a meager amount (couple hundred monthly) in a savings account earning 0.1 % APY. I knew I needed a change but had no idea how to save and always wondered how any but the highest earners could ever contemplate retirement.

As fortune would have it, I was online looking for an easy recipe for homemade whole wheat bread (I love to bake and cook) when I came across http://www.thesimpledollar.com/. The bread recipe was OK but the rest of the site's personal finance message was even better. I immediately opened a savings account with ING to establish my Emergency Fund and had 3 months of expenses covered fairly soon. I got hooked on watching my interest accrue, even if it was just a few dollars monthly. So I started looking for higher returns. I read some Graham (excellent but not my style) and some Motley Fool and Jim Cramer and was skeptical. So I kept looking.

Eventually, that same site that I had previously visited led me to Vanguard and a Bogle book, and I ended up reading A Random Walk Down Wall St., Bogle on Mutual Funds, and a couple Swedroe books in about a month's time. They gave me the courage to open an IRA with Vanguard (went with the STAR fund at first since it was the only fund with a 1k minimum at the time), start contributing to my company's 401(k), immensely increase my savings rate, and they eventually led me to this site and my local Boglehead chapter. Fast forward 2 1/2 years and I am the resident expert in my group of friends and family about intelligent investing, always recommend this site and its message/philosophy, and am hopefully on my way to financial freedom many years down the road.

Thanks to Jack Bogle, and to all other authors and posters that regularly contribute to this site (Taylor, Mel, Larry Swedroe, Rick Ferri, and Bill Bernstein off the top of my head.) It has truly been a blessing. I'd be lost without Vanguard and the majesty of simplicity and passive investing.


Very interesting story and very well stated! You are so fortunate to have figured this out at age 26, so many take a lot of wrong turns before finding a simple low cost method of investing.
Anyway, me too! Thanks so much Jack for educating us and helping us reach our financial goals.
Taylor, hopefully you have another cruise booked for 2013!
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Re: Thank you, Jack Bogle !!

Postby oaksavannah » Sun Jan 20, 2013 11:03 pm

I had absolutely no idea what I was doing buying stocks or how to think about my financial future. I had no plan. No vision and no confidence. I came across Jonathan Clements' articles in the WSJ (I hope he is doing well, I've lost track of him after he left the WSJ) which led to Mr. Bogle's books. They are great. And it was so kind of him to create the kind of company he did. I consider Mr. Bogle a bodhisattva - enlightened activity benefiting others. Yes, thank you. And thanks to everyone who contributes their generosity, time, wisdom to continually create this site - it's a beacon for people like me who were wandering in the financial darkness.
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Re: Thank you, Jack Bogle !!

Postby JPH » Mon Jan 21, 2013 12:25 pm

Thank you, Jack, and good health.
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Re: Thank you, Jack Bogle !!

Postby woof755 » Mon Jan 21, 2013 12:27 pm

Jack needs a Nobel.
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