The Simplicity of Long-Term Investment

Bogle advocates for a straightforward and disciplined investment approach: buy and hold diversified index funds for the long term. This method benefits from the 'magic of compounding investment returns' over the years. By staying invested in a well-diversified index fund, investors bypass the pitfalls of market timing and active management. 'Once you have bought your stocks, get out of the casino—and stay out. Just hold the market portfolio forever,' he advises.