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Motley Fool Answers

A Tribute to John Bogle (And Emergency Funds)

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 22 January 2019

⏱️ 43 minutes

🧾️ Download transcript

Summary

We’ll cover everything you need to know about emergency funds--how to build one, where to keep it, and what to do if you don’t have one when an emergency happens. We’ll also honor the life of John “Jack” Bogle, founder of Vanguard and creator of the first index mutual fund.

Sponsored link: http://www.molekule.com code fool.

Transcript

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0:00.0

This episode of Motleyful Answers is brought to you by Molecule, the world's first molecular

0:04.0

air purifier that reduces symptoms for allergy and asthma sufferers.

0:08.0

For $75 off your first order, visit M-O-L-E-K-U-L-E.com and enter the promo code Fool.

0:15.0

This is Motleyful Answers. I'm Alison Southwick and I'm joined as always by Robert Brokamp,

0:22.7

personal finance expert here at The Molly Fool.

0:24.5

Hi Alison.

0:25.5

Hey bro. In today's episode, we're going to talk about how to build an emergency fund, how

0:29.3

to maintain one and what to do if you don't have one when an emergency does happen.

0:33.3

We'll also spend a lot of time remembering Jack Bogle, the founder of Vanguard, who passed away

0:37.7

last week.

0:38.7

All that and more on this week's episode of Molleyful Answers.

0:43.1

So, bro, I have a feeling I already know what's up.

0:46.5

Yes.

0:47.5

And it's not us.

0:48.5

It's not us, no.

0:49.5

So last Wednesday, Vanguard founder, John Bogle passed away at the age of 89. As many longtime fools and listeners will know, he was an inspiration and a hero to many of us.

1:00.0

We have a room named in his honor here at Fool HQ.

1:03.0

We've been lucky enough to host him here at Fool HQ a couple times.

1:06.0

He even rode in the Fool Mobile several years ago at a convention in Houston. So he's just been such a figure in many

1:15.1

of our lives that with his passing, we thought we'd take this opportunity in this episode

1:19.0

just to do a little tribute to him. So let's start with a little bit of biography. And we've talked

1:23.2

about him before. So some of this is going over some information we've passed along. And I'm sure

...

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