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Women’s March Co-President Refuses To Say Israel Has A Right To Exist

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Mallory clammed up when pressed further on the issue, saying "I'm done talking about this. You can move on."



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sjk
3 days ago
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Thank You, John C. Bogle

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Vanguard announced on January 16, 2019 that its founder, John C. Bogle, passed away on at his home in Bryn Mawr, Pennsylvania at 89 years old. There will no doubt be many tributes; here are a few same-day articles from WSJ, Bloomberg, Reuters, and great tweet from Morgan Housel.

Jack Bogle was a champion of thrift, simplicity, and keeping investing costs low. While he reached the popularity level where people would write entire columns about “Why Bogle is Wrong about This or That”, I was always annoyed when people would pick at one little thing he said. I felt that his strongest message was that of common sense. Sometimes it took multiple readings and time, but he really offered a lot of valuable, reasoned knowledge in his books. Almost exactly a year ago, I wrote about my Jack Bogle Appreciation curve:

boglecurve

My first mutual fund investment was in the Janus Mercury fund in the very early 2000s. I was chasing performance and Morningstar ratings, and the fund was actively managed with high turnover and high expenses. Thanks to reading his books, my subsequent investments were in low-cost Vanguard funds that were available to a DIY investor. You can now buy ultra-cheap commission-free ETFs from nearly every brokerage account. New investors may take this for granted, but I’m old enough to remember that this was not always the case! This was solely due to Vanguard’s success:

vanguardbarr

Today, my family is financially secure and we have a pretty clear plan for the future as well. The majority of my net worth is held at Vanguard. My life was materially improved by a man that I never got the honor to meet. The best I could do was to win a personally-signed book from a charity auction for his foundation.

Thank you, Mr. Bogle. I will try my best to heed your advice.

p.s. If you do not know that I am talking about, please do yourself a favor and read The Little Book of Common Sense Investing from the library or buy a copy. It is very short and a good place to start.


“The editorial content here is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone.”

Thank You, John C. Bogle from My Money Blog.


Copyright © 2018 MyMoneyBlog.com. All Rights Reserved. Do not re-syndicate without permission.

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sjk
4 days ago
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Mom's Story of Psycho Baby Thief Is Gripping Emotional Rollercoaster

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This is the type of real nightmare that keeps people up at night. With all the twists and turns, and awful misunderstandings and manipulation. Oh man, it just makes you want to scream at your screen.

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sjk
11 days ago
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Massachusetts Public School Continues To Allow Bullying, Harassment Of Jewish Students

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There's a troubling and unreported pattern of harassment and discrimination against Jewish students at Newton North High School.



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sjk
41 days ago
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18 Top Comedians Who Can Never Host The Oscars Now

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Following Kevin Hart’s departure, many names have surfaced as possible replacements, but let me save the Academy time and show why they are disqualified as not politically correct enough.



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sjk
41 days ago
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The USPS Is on an Unsustainable Financial Path, but Don't Blame Amazon

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The U.S. Department of the Treasury recently released the Task Force report on the United States Postal Service greenlighted by President Trump in April. The report dives into the reasons why the postal service has posted a net loss for 12 consecutive years. Despite Trump's insistence that Amazon (NASDAQ: AMZN) is the biggest culprit behind the agency's continued losses, the report doesn't implicate Amazon or the growth of e-commerce as the reason for the lack of profits.

The decline in mail volume is a bigger driver of falling revenue and profits than the growth in package delivery. The Task Force does have some suggestions that could improve sustainability for the USPS, but it might be underestimating Amazon's strength in the market.

Image source: Getty Images.

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sjk
45 days ago
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