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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Kirk © who wrote (22972)8/3/2006 10:14:00 AM
From: shres  Read Replies (1) of 42834
 
Bogle says index funds should be 100% of equity and bond portfolio. None of that core and explore nonsense.

Alrau:

Do you think that index funds should comprise 100% of my portfolio? Or should they represent just a portion of my total portfolio?

Jack Bogle:

No reason whatsoever that index funds should not be 100% of an equity portfolio--especially for taxable assets. Ditto in bond funds, except for high-bracket investors, where index-like managed municipal bond funds carry the day. But if you want to hold actively-managed funds, select from those with low costs, low turnover, managers with character and integrity, and consistent (rather than spectacular) records within their peer groups.
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