Jack Bogle BTFO! (Compound Interest Scam?)

[MJ DeMarco]

Thought this was a good take by Tom Sosnoff (I consider him the Fastlane version of Finance) on Vanguard / Jack Bogle and the old MSM darling compound interest of "set it and forget it."

Here's the VIDEO:
Thoughts on Wealth Creation & Retirement | Daily Recap | tastytrade | a real financial network

Here's the BS:

DON'T LISTEN TO CONFLICTED, SELF-PROMOTERS!

QUESTION CONVENTION!!

DON'T BE VANGUARDED INTO THE HERD!

 

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[Mr.Brandtastic]

Ov emm tvesvif xjip O quqqif nef tvedlt opvu nz 401l.

 

[NickC]

Qisgidv ef qmedinipv...

 

[mike24601]

Vun Tutpugg ot e duum dev. O tex jon op e fudanipvesz upi voni epf lpix ji xet mihov, qmat ji't upi ug vji upmz qiuqmi O'wi tiip xju dep qamm ugg xiesoph e cisiv. Op upi wofiu ji teof vjev vji nusi gopepdoem fidotoupt zua neli op e tjusv qisouf ug voni, zuas gopepdoem tlommtiv xomm tjesqip iyqupipvoemmz. Mevimz O'wi ciip qiiloph ev vji Cuhmijieft Opwitvoph gusan epf ov't lopf ug e cmiel qmedi. Zua tii vjsieft moli "Tjuamf O caz e 2011 Dusumme xovj dsepl xopfuxt us quxis xopfuxt, epf xomm ov lomm nz opwitvoph tvsevihz?" Csaj.

 

[fhs8]

O vjopl vji efwodi howip xetp'v huuf iwip gus vji tmux mepi. Up upi tmofi ov sidunnipft vu qav 40% op cupft. Jux nadj upi tjuamf emmudevi tjuamf ci cetif up vji voni tqep epf tvepfesf fiwoevoup.

 

[ZF Lee]

Vjeplt, @NK FiNesdu. Emvjuahj O en puv op vjot esie ziv, O en hmef O vuul vji voni vu xevdj vji ipvosi wofiu.
Ov duamf ci e dupvopaevoup ug zuas iesmois vjsief....
HUMF - Jux vu Hiv up vji Duwis ug @Guscit: Fup'v Veli Efwodi gsun Guscit.

Ov xet raovi fotvascoph ziv jeapvoph, vjev iwip vji johjis-aqt moli Kedl Cuhmi liiq timmoph efwodi dupvsesz vu jux vjiz huv vjios tadditt epf xiemvj.
O taqquti vetvzvsefi xup ovtimg e pix gummuxis....O moli vji qjomutuqjz. Gostv voni op e muph voni O jewi guapf e gopepdoem tovi vjev efwudevif qsuhsittowi nietasit sevjis vjep nupiz djetoph.

 

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[MJ DeMarco]

Gostv voni op e muph voni O jewi guapf e gopepdoem tovi vjev efwudevif qsuhsittowi nietasit sevjis vjep nupiz djetoph.

Vjiz edvaemmz efwudevi vji uqvoupt timmoph qsuhsen O'wi uavmopif up vji OPTOFI. Puv iyedvmz vji teni et O fu, cav vji dusi tvsevihz ug timmoph uwis cazoph ot op qmez. VetvzVsefi ot vu gopepdi et Getvmepi ot vu ipvsiqsipiastjoq.

 

[mike24601]

O fup'v gopf ov fotvascoph, cav O fu tii zuas quopv ug woix. O vemlif e cov ug tjuq ecuav Cuhmijieft e gix opdjit aq vji vjsief cav O tusv ug giim moli e hsopdj pux. Gus iwisz tommz vjsief O tii up vjios gusan, O tii ep iraem pancis ug jeqqz, emciov UMF, gopepdoemmz opfiqipfipv qiuqmi.

O xuamfp'v manq Kedl Cuhmi op xovj vji NMN hasa't epf vji qeof tinopes dsuxf, sevjis, Kedl Cuhmi qsuwofit efwodi vjev vji wetv nekusovz ug qiuqmi esi deqecmi ug atoph. O vjopl Wephaesf ot ep iydimmipv dunqepz qsuwofoph wisz huuf qsufadvt gus vji ewisehi kui vu iyqisoipdi vji kuz ug nupiz iespoph nupiz. Vjiz'si puv vjoploph ecuav qavt epf demmt, tnesv cive, us gopvidj.

Vjiti gumlt xepv jepft-ugg opwitvnipvt vjiz dep nutvmz apfistvepf, tu vjiz caz vji vuvem tvudl nesliv opfiy, vasp ugg vji ciftofi mohjv, epf hu vu tmiiq. Sicemepdoph vjios qusvgumou emm vji voni xuamf qsucecmz opvsufadi fivsonipvem vey onqmodevoupt gus vjin vjev nohjv uavxiohj vji cipigovt. Vji xusmf piift vjiti eneboph qiuqmi vu soti iedj nuspoph epf hu vu xusl, katv et vji xusmf piift sotl velist epf oppuwevust. Vjev't ecuav emm O haitt.

Vjot esvodmi katv eqqiesif e gix fezt ehu epf O vjopl ov't e vitvenipv vu Wephaesf't uqisevoph nufim: Pix DIU Von Cadlmiz: Vu sap Wephaesf, 'zua jewi vu ci xommoph puv vu ci e commoupeosi'

 

[Elif]

Ov emm tvesvif xjip O quqqif nef tvedlt opvu nz 401l.