Money doesn't change people, it reveals who they truly are.
@mask80992 жыл бұрын
True
@crz82372 жыл бұрын
Stop believing everythingu hear lmao 🤣🤣🤣🤣
@Lyenati2 жыл бұрын
@@crz8237 You probably say that money doesn’t determine happiness
@leponpon69352 жыл бұрын
@Rude Sensei True
@lancetheking75242 жыл бұрын
If you're a good person with trillions of dollars, you will stay a good person, except with allot more wealth and a higher chance to give money to charity and help others, not simply corrupt because it's there
@neeljavia29652 жыл бұрын
Nice to see someone in the stock market with ethics.
@LogicallyAnswered2 жыл бұрын
Yes sir
@mask80992 жыл бұрын
Most are
@saamanx2 жыл бұрын
And look where he ended up.
@neeljavia29652 жыл бұрын
@@saamanx As the biggest index fund of wall street. What's the problem in that?
@the_aidan892 жыл бұрын
@@neeljavia2965 bro maybe hes saying it in a good way homie lmao
@ukulaylaANDme2 жыл бұрын
This is one of the MANY reasons I exclusively use Vanguard whenever possible. Its just a great company!
@0x2a1A42 жыл бұрын
LOL! Vanguard / Blackrock are like the cancer of the world...
@Elriri Жыл бұрын
@@0x2a1A4 yh, those oligarchs are directly and indirectly related with the explotation of us, as human capital, natural resources and micro plastics etc
@stemikger2 жыл бұрын
Thank you Mr. Bogle! You lived a life that served others! So many people are better off because of you.
@cornet959 Жыл бұрын
Q. Do you Give at least 10 % of your Profits to Good charities?!
@AlmasyAlliances2 жыл бұрын
Some advice. Don't use the red border around your thumbnails. It looks similar to the red 'already watched' bar. I almost skipped the video because I thought I had already seen it. Any other color is fine, just don't use red.
@LogicallyAnswered2 жыл бұрын
Ah, nice catch Trebor. I’ll be sure to avoid red borders moving forward.
@adriannasyraf35342 жыл бұрын
@@LogicallyAnswered thanks. had the same issue
@ETS1862 жыл бұрын
My thoughts exactly!
@zants_2 жыл бұрын
Tom Scott and a few others had to stop using it for the same reason
@Josh980319022 жыл бұрын
John's book "the little book of common sense investing" is truly an eye opener
@gilgamesh3102 жыл бұрын
What a boss. I’d like to see you do a video on the IKEA founder. He had pretty noble principles too and set part of the company up in a way that it couldn’t be owned by anyone, including himself.
@LogicallyAnswered2 жыл бұрын
I really like this idea!
@ikb73752 жыл бұрын
To be fair its widely known that Ingvar Kamprad was a fashist and a nazi, so yeah very noble principles. I mean no matter what he did as a business man, you should always tell that part of his story...
@gilgamesh3102 жыл бұрын
@@ikb7375 In the 1940s he joined a fascist group as a teenager, but he said he was led astray by his parents and definitely didn't hold any sympathies towards that stuff in his later life. But sure, it's something that could be mentioned about him.
@ikb73752 жыл бұрын
@@LogicallyAnswered if you intend to make a video on this guy you should mention the facts on this, please just don't blindly glorify Nazis.
@ristekostadinov28202 жыл бұрын
Carl Zeiss did the same with his company Zeiss before he died, it was divided after WW2 but they merged back together after the collapse of the USSR.
@mask80992 жыл бұрын
To a financial disaster to being the largest index fund manager, John ‘Jack’ Bogle Will go down in history as a person who revolutionized index funds
@Rainy_Day122342 жыл бұрын
Most fund managers underperform the averages and charge high management fees. The average investor is better off buying index funds with low management fees a little every month for decades, buy and hold.
@LogicallyAnswered2 жыл бұрын
True
@mrgod51392 жыл бұрын
Ethical investors are legends. These people fully grasps the world throat but never let it dies yet encourages it to blossoms.
@beamerUSA2 жыл бұрын
Honest and selfless man. Hard to find these days.
@nilnil84112 жыл бұрын
There are few rare gems in the business community with ethics of solid diamonds. One such industrialist is India's Ratan Tata, please make a video on Ratan Tata.
@ismailkizhakkail2 жыл бұрын
its due to the reason of such ethically strong people this world is still worth living
@starbury642 жыл бұрын
Slow and steady wins the race. And doesn't take too much to change the world.
@3rkid2 жыл бұрын
John Bogle is one of the few great men of finance worth the admiration and praise.
@sjuvanet2 жыл бұрын
vanguard is great. i think it should be made clear that not only _CAN_ you get rich whilst being ethical, but you are much more likely to become wealthy by doing so.
@tony_51562 жыл бұрын
Quite strange in the age of pure horrific capitalism and oil barons this man stayed in his path doing what he could that was good.
@genghischan69 Жыл бұрын
When you're the only one playing it ethical in an environment where everybody's playing it dirty, chances are you'll go bankrupt. Vanguard just targeted an industry early, which is why they succeeded even though they went ethical. And tbh their business isn't complicated or risky at all compared to tech companies where things change all the time and bad decisions can easily lead to bankrupcy.
@DebF1243 ай бұрын
I wouldn’t say more likely lol, given most rich people I meet aren’t ethical or are ethically challenged
@sjuvanet3 ай бұрын
@@DebF124 I have had a different experience in my short life. Around me, and the people I trust to do business with, integrity is rewarded
@olafian24502 жыл бұрын
John is truly a hero of the common people.
@dannykahn72462 жыл бұрын
I invested in various funds with Vanguard since 1998. I have gotten great returns with minimal commissions. I reinvest the dividends which increases the return even more. My only complaint is that the website only goes back 10 years so I don't know how much money I have made.
@davidm.19342 жыл бұрын
Vanguard is the best!!! I have a portfolio with them & their services are amazing!!! Staff is always helpful & knowledgeable
@jimba64862 жыл бұрын
The man is a leader and and American patriot who was obviously not greedy
@aGr3atD4y2 жыл бұрын
Wow, what a great story. John was truly a decent and honest man
@stevgreaty75412 жыл бұрын
Vanguard has been extremely good to me. Love investing with them. Always nice to pop in a few times a month to watch it rise
@arnoldk54152 жыл бұрын
this great man did more for the american middle class than all these dumb useless politicians ever will....Thank you legend, I will always hold the majority of my assets with Vanguard because of you. RIP
@reynaldbalandra65032 жыл бұрын
Yes, Sir John is correct the Vanguard is the answer of Money because Vanguard is ahead of the troops...
@mitchrich62 жыл бұрын
Seeing all that money made him loose interest to get rich. It's like staring at tons of gold for years and trying to go wow over a gold ring.
@HL20022 жыл бұрын
Like your title, agree with you. The stock market is so diverse, there is no need to take advantage of investors, workers and regulators.
@thomasdooley37022 жыл бұрын
When you invest you're buying a day you don't have to work
@mbalimaka63932 жыл бұрын
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings, what do you think I should be buying?
@mbalimaka63932 жыл бұрын
I'm new to crypto trading, how do I get started with the help of a professional?
@mbalimaka63932 жыл бұрын
Any specific guide?
@mbalimaka63932 жыл бұрын
@Investors motivation thank you, I will write her immediately
@kelvinpeter86402 жыл бұрын
I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this
@lakshmiprasad.s15512 жыл бұрын
The channel I always be waiting for a new video to come !
@LogicallyAnswered2 жыл бұрын
Thanks for watching Lakshmi!
@InvestigationTV0092 жыл бұрын
All dreamers out there keep going this is temporary situation it will pass your success will come be patient never give up just keep moving forward no matter what ✊ 💪
@vetalsmirnov2 жыл бұрын
Bro you made my day, thank you so much for being out there!
@Akeem_7682 жыл бұрын
Majority of my portfolio is Vanguard ETF's. Thank you Mr Bogle!!!!
@davem37892 жыл бұрын
Jack Bogle did so much for millions of normal people to be better off with their investments.
@blacksatoshi64862 жыл бұрын
Such an inspiring man I am deeply moved by his legacy
@tigerhawk11382 жыл бұрын
More people need to know this story.
@EricDaMAJ2 жыл бұрын
Vanguard has served me well on my way to financial independence. One thing not mentioned is the Vanguard S&P 500 Index Fund may be slow making money but it's also one of the safest investments out there. So long as there isn't a global thermonuclear war or the markets get pumped like Japan's did, crash, and never recover, it will always bounce back from a recession. I lost half my net worth in 2008 only for it to come back by 2012 and double since then.
@pikivikimiki2 жыл бұрын
It's not about how much they own it's about how much they control.
@gamer101532 жыл бұрын
I would love for you to talk about the rise and kind of fall of GE, maybe even a video on Jack Welch. Just throwing it out there!
@phineasmabetoa88082 жыл бұрын
A revolutionary business model geared towards empowering the ordinary investor.
@AnshAgrawalag092 жыл бұрын
Hari, great video as always! Could you also do one about how Marketing has changed with the growth in the creator economy? Just a request 😅
@LogicallyAnswered2 жыл бұрын
Thanks for watching and the suggestion Ansh!
@GalaxyAeterna2 жыл бұрын
@@LogicallyAnswered massive respect for John and vanguard now
@satyakidas782 жыл бұрын
Your content is underrated and highly valuable at the same time.
@ariserusic2 жыл бұрын
If everyone agrees that a the situation is dire. Then ethical investing is the way.
@LogicallyAnswered2 жыл бұрын
Vanguard actually has ethical etfs that only include stocks of companies that they deem are ethical
@itchylol7422 жыл бұрын
@@LogicallyAnswered I'm only interested in unethical ETFs that invest in unethical companies
@MKIVGTI1.82 жыл бұрын
Now this is true ethical running of a company, not some billionaire tossing out a few bundles of cash here and there to charity
@petersuvara2 жыл бұрын
The biggest thing to give index funds a prop are that not long after they were first created, the USD was taken off the gold standard. So at this point, holding cash would lose value. So anything that matches the market, will be better than the loss of value of fiat currency. Markets in the long term will always grow as population grows.
@KelechIwuaba2 жыл бұрын
The other thing that really helped vangaurd was money market funds which helped Vanguard really push their growth
@kylewilliams46912 жыл бұрын
What a legend
@megharshagowda22322 жыл бұрын
Great investor of all time
@christopherthomas72152 жыл бұрын
Despite the economic crisis,this is a Still a good time to invest in stock and Crypto,
@Victoria-vv3ed2 жыл бұрын
Investing in these economic crisis will be one of the best thing to do.
@alexisjo45572 жыл бұрын
You're right I think stock and Crypto are the best to invest right now☺️.
@Ogunwunmiesther2 жыл бұрын
As stock's are good but crypto is better.
@kameronmckenzie51362 жыл бұрын
I wanted to trade crypto but got confused by the fluctuation in price.
@bendickson94142 жыл бұрын
That won't bother you if you trade with a professional like Mrs Patricia Turner.
@theo47322 жыл бұрын
John Bogel went to my high school (Blair academy) he’s a really smart snd nice dude
@nirankartripathi9 ай бұрын
I believe in Jhon's philosophy and execution. This is more relatable to Indian values. I'm into equity investment due to his legacy. I would say the index fund as the concept is relatively new, give it a couple of centuries it will be the largest institution
@mikelynch76562 жыл бұрын
Nice Video. I have all my money at Vanguard. Jack Bogle was a visionary to be sure, but more important he, was an ethical human being. I think it is true to day that no one else in the history of finance has done more for the individual investor.
@leoxd70292 жыл бұрын
I didnt know we needed any proof for that as, obviously, one does not contradict the other. Thanks for giving it though.
@Donkeyearsa2 жыл бұрын
Vanguard is who I use for all of my non 401k investing.
@LogicallyAnswered2 жыл бұрын
Ah, great choice!
@davidb40932 жыл бұрын
Wow, what a fantastic man. It’s a shame he is gone.
@Sol-fu4nm2 жыл бұрын
Vanguard ETFs are good. Made a lot of money from VOOG. Its just like VOO but faster growth.
@terencexie45512 жыл бұрын
Great video keep up the good work
@LogicallyAnswered2 жыл бұрын
Thanks Terence!
@jackmiddleton20802 жыл бұрын
Hard to distinguish between a ethical business and a competitive business. Are Walmart's prices low because they are trying to help people save or because that ensures everyone shops at Walmart? But even if Walmart is just trying to get as many customers as they can it still can be a good thing and for many people it is a lot wiser to shop there than paying extra somewhere else that is only pseudo superior.
@3rkid2 жыл бұрын
Walmart ensures low prices by reselling cheap shit made in Asia and by paying its workforce poverty wages. The Walton family are not ethical people.
@Joey-jk8ce2 жыл бұрын
Damn what an empire
@LogicallyAnswered2 жыл бұрын
Yeah, it’s massive
@Joey-jk8ce2 жыл бұрын
@@LogicallyAnswered well Blackrock surpasses them but not by much of a difference
@LogicallyAnswered2 жыл бұрын
True, but what’s even more impressive is that vanguard is ok with such a small return on all this money
@Joey-jk8ce2 жыл бұрын
@@LogicallyAnswered woow That's awesome
@bankoofer2 жыл бұрын
This was honestly surprising. Interesting!
@lalajjbdhjndnnxx2 жыл бұрын
If you can beat the index fund's average annual return (13%) don't invest in the index fund you're not maximizing your growth potential.
@LogicallyAnswered2 жыл бұрын
Sometimes, people don’t want the stress of trying to beat the market
@shun22402 жыл бұрын
You might be able to beat it this year or even in the next 10 years, but can you beat it in 20 years down the road?
@fredk69922 жыл бұрын
Awful advice. Risk is key.
@zerne10002 жыл бұрын
Do a video on Nasdaq please
@saurabhsrivastv2 жыл бұрын
One video on Tata comapany
@LogicallyAnswered2 жыл бұрын
Thanks for the suggestion Saurabh!
@saurabhsrivastv2 жыл бұрын
@@LogicallyAnswered you are one of my favourite youtuber I wish I could help you
@bxbank2 жыл бұрын
That's amazing. It jsut goes to show how shit usury currency actually is. it makes good people the exception, not the norm. No empowered political/social change will happen until we use currency models without any usury: no tax, fees, costs or interest. Only then will we move to trust-based collaborative economics and achieve the empowerment all people are looking for.
@bxbank2 жыл бұрын
Happy to discuss a solution if you're interested.
@hariharpuri13622 жыл бұрын
Sorry I’m a bit late, looks like your going after stock market bulls, we are with you Great video 👍🏻 And look like call of duty: vanguard is trying to pass him 😂😂
@LogicallyAnswered2 жыл бұрын
Hahaha, buy the dip :)
@hariharpuri13622 жыл бұрын
@@LogicallyAnswered 👍🏻😂
@bipolarparadise39292 жыл бұрын
Amazing ❤️
@LogicallyAnswered2 жыл бұрын
Thanks for watching man!
@skaltura2 жыл бұрын
This was brilliant! Never knew all of this. But if no one owns vanguard, then who is the board, who makes the ultimate decisions?
@Shivesh42 жыл бұрын
your channel should have 1 billion subs
@LogicallyAnswered2 жыл бұрын
Hahaha, thanks bro!
@lelouch96092 жыл бұрын
🙋 present sir
@LogicallyAnswered2 жыл бұрын
Thanks for watching Prakhar!
@chihchang11392 жыл бұрын
i'm all in on vanguard funds
@HackerFlavio2 жыл бұрын
9:12 bottom rights corner, I thought that was a hair on my screen 😂
@alpineflauge9092 жыл бұрын
awesome content about an amazing man. thanks
@detroi93872 жыл бұрын
Vanguard group is one of the enormous trillion dollars company that have invent more millionnaire on a monthly basis
@jackmariner2 жыл бұрын
Vanguard invests in both sides of the media to stir up as much anger against both sides as possible. Buying up 7.5 trillion dollars in assets is megalomania and not ethical trading
@baswold7979 Жыл бұрын
Prove it Jack. Think your tin foil hat is strapped on too tight 😂
@opencardyugioh2 жыл бұрын
Needs more clarification though. How can a company not have an owner? It is untrackable who owns the company, but how are decisions made. A company and philantropy are just terms, it depends on what they do and who is judging that whether they are evil or not. Philantropy is most of the time just moving money from one pocket to the other, or expecting huge favors back (which is practically paying someone a salary). Also making people rich without providing a value is just extracting money from people. This is especially worrying when they buy houses (even by overbidding), just to sell them later for a higher price (kind of like scalping). John C Bogle died in 2019? Sounds more reason to worry about what is really happening to the company. If not overcharging for services is the only criteria to call something ethical, then you should really re-asses your own morals and values.
@LogicallyAnswered2 жыл бұрын
The company is owned by the investors of the funds. So I guess it’s basically publicly owned.
@hadiel-ahmed24662 жыл бұрын
@@LogicallyAnswered but it’s listed as a privately owned company
@mhad30922 жыл бұрын
Inspiring investment story
@muhammadmuflih11572 жыл бұрын
what amazing story
@unnamedexodus39022 жыл бұрын
Great video!
@vishalsasidharan14782 жыл бұрын
First time being early!
@LogicallyAnswered2 жыл бұрын
Thanks for being early Vishal!
@P-72 жыл бұрын
Invested in vanguard funds before I heard about this
@holleey2 жыл бұрын
> is not publicly traded and not privately owned huh? I don't follow. can someone elaborate? like, legally it has to be owned by someone, no?
@EclipseCircle2 жыл бұрын
It’s owned by the investors of their funds.
@holleey2 жыл бұрын
@@EclipseCircle I got that, but I don't understand what legal model that fits in. it's somewhat similar to a cooperative but yet fundamentally different. are the investors somehow making decisions democratically?
@EclipseCircle2 жыл бұрын
@@holleey From how I understand it, Vanguard the company is owned by the investment funds. The investment funds are, in turn, owned by the shareholders of those funds. Thus, the shareholders of the funds are the shareholders of Vanguard the company. The fund managers then vote on behalf of the shareholders (which I believe you accept when you sign on with Vanguard). So its a fairly "traditional" ownership structure, in that the shareholders have voting rights which they use to control the management direction of the company. Its "unusual" in that the shareholders don't directly buy shares in the company like other publicly traded entities.
@wisanikhipa_vlogs7422 жыл бұрын
I think my phone is listening to my mind, how the hell am I recommended this video when I was thinking that "there's no getting wealthy ethically ".
@stevensong87842 жыл бұрын
#Legend
@mannycarrasquillo69103 ай бұрын
Saint Jack!
@22phan2 жыл бұрын
Vanguard used to charge $10 per trade which cost 30cent or over $300M in commission trades. that's how they can get away with 0.04% expense ratio.
@alexmartian39722 жыл бұрын
How can company have no investors if they made an IPO some time ago?
@HikikomoriDev2 жыл бұрын
0:00 Look, Vista!
@tronghungdao2512 жыл бұрын
KEEP IT UP 👍
@tomcvm2 жыл бұрын
Only true and honest will live for ever balance everything is gimmick that u can hold forever, eg : 150 year old tata company in india, had make profits but not live for profits only
@greenho42 жыл бұрын
Pls do a vid on BlackRock/iShares too
@KKKkiri2 жыл бұрын
I have a problem with it...ETFs move like forex and other false narrative "products"...whereas index grows for a time.
@SwoleakhulTheBlind2 жыл бұрын
You missed the fact that Vanguard thanks to all these ETF is now one of the biggest shareholders in almost every big company on the planet next to Blackrock. And now guess who holds the biggest amount of shares in Blackrock? DING DING DING you don’t need a massive salary if you already control and own the whole world.
@CTStyles312 жыл бұрын
If only vanguard's European subsidiaries also operated like the main american company
@Morningwisdom2 жыл бұрын
What do you mean?
@CTStyles312 жыл бұрын
@@Morningwisdom this is a very simplified explanation but Vanguard in the US is owned by the people who own shares of their funds, i.e the customers, whereas vanguard in europe is more of a typical company
@NoxMessor2 жыл бұрын
Imagine thinking the stock price goes up through ethical measures
@bigb92722 жыл бұрын
greed is sin! will the Lord forgive them?
@clarenceonyekwere5428 Жыл бұрын
This video has way less views than all the conspiracy theories about vanguard made by people who have no clue how index funds work.
@ronnie83722 жыл бұрын
RIP John
@allnamesaretakenful2 жыл бұрын
There is no ethical consumption under Capitalism. These corporations they are investing in are terrible.
@_giovanni2 жыл бұрын
usually with very old ultra rich people you can feel the corruption in their eyes, i don't get that same vibe with vanguard which is actually surprising
@CryptoCryoto2 жыл бұрын
Sure but they are the exception not the norm.
@user-fe4tx3uf8s2 жыл бұрын
Blame all your problems on Corps like BlackRock and Vanguard. They literally own everything.
@jaykilbourne11102 жыл бұрын
Except, the Investors own Vanguard...
@aracoixo32882 жыл бұрын
Yes 😃
@drivernephi21152 жыл бұрын
Proof you can be rich, and sweep it under the rug or erstwhile wash your hands