John Bogle: How I Live a Frugal Life
Channel: Finance Jane
Date: 31/12/2021

John Clifton "Jack" Bogle (May 8, 1929 – January 16, 2019) was an American investor, business magnate, and philanthropist. He was the founder and chief executive of The Vanguard Group, and is credited with creating the first index fund. 

An avid investor and money manager himself, he preached investment over speculation, long-term patience over short-term action, and reducing broker fees as much as possible. 

The ideal investment vehicle for Bogle was a low-cost index fund held over a period of a lifetime with dividends reinvested and purchased with dollar cost averaging.

In this video he talked about his daily spending habits. Although he was a billionaire, he hated shopping and just simple things he needed. He liked simple clothes and did not like going out for dinner a lot. Generally, he lived a frugal life and did not waste money.

Feel free to share this video with a friend if you found it helpful. Consider subscribing to the channel for videos about trading, investing, stock market, crypto, business, passive income, managing money, personal finance, and so on.

Recommended Reads:

The Intelligent Investor by Benjamin Graham- https://amzn.to/3E5wcJf

The Warren Buffett Way by Robert G. Hagstrom- https://amzn.to/3yCYVUQ

The Snowball: Warren Buffett and the Business of Life- https://amzn.to/3Fnw5dq

The Essays of Warren Buffett: Lessons for Corporate America- https://amzn.to/3sjSghk

The Little Book of Common Sense Investing by John Bogle- https://amzn.to/3so3W2z

One Up On Wall Street by Peter Lynch- https://amzn.to/3p8ovO9

Learn to Earn by Peter Lynch- https://amzn.to/3e8FABA

Principles: Life and Work by Ray Dalio- https://amzn.to/3ebzdgw

Principles for Success by Ray Dalio- https://amzn.to/3EnkytH

Big Debt Crisis by Ray Dalio- https://amzn.to/3sfGYuk

Big Mistakes: The Best Investors and Their Worst Investments (Bloomberg)
- https://amzn.to/32kJ6pP

Disclaimer: As an Amazon Associate I will earn from qualified purchases at no extra purchasing cost of yours.

Attribution: “Bogleheads® Conference 2018 - John Bogle Q & A” by Bogleheads. Shared via a Creative Commons CC-BY license. https://youtu.be/eoNIaI7sZls

Warning: This video is to show you John Bogle’s frugal lifestyle. Please do your research before doing any investment. A good balance between return and risk is the key to investment success.

#indexfund #jackbogle #frugallife