Love Letter To Jack Bogle

Rule Breaker Investing

The Motley Fool

Business, Investing

4.4 • 959 Ratings

🗓️ 14 December 2016

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

December is a month of gratitude here at Rule Breaker Investing. With that in mind, we’re spending today’s episode talking about and, more importantly, listening to Jack Bogle. As the creator of the Index Fund, the founder of Vanguard, and an all-around stand-up guy who has dedicated his life’s work to helping people invest better, you might say that Jack is the ultimate Rule Breaker. Certainly his accomplishments are worth singing about. So indeed, we will! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode of Rule Breaker Investing is brought to you by Sure Payroll.
0:03.8	If you're a small business owner, you know Payroll and Payroll Taxes can be a headache.
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0:14.8	To learn more, visit shore payroll.com slash fool and get a free quote.
0:20.0	It's the Rule Breaker Investing Podcast with Motley Full Co-founder David Gardner.
0:27.0	Welcome back to Rule Breaker Investing.
0:31.0	I'm David Gardner.
0:32.6	Happy December to you.
0:34.2	Had a lot of fun last episode,
0:36.4	talking about the five stocks to put under the tree
0:38.8	and the conversations that you should have
0:41.0	with your child as you give each of those and I hope you do give
0:44.8	some stock or consider giving some stock just to hit that drumbeat one more time
0:49.4	from last week there are the gifts that are the tangible things and those are toys and other things that we grow up expecting as kids and get a lot of the time if we were fortunate enough.
0:59.0	And then there are the intangible things like, hey, I've set us up at a restaurant in a play or just a nice note from somebody
1:06.3	or experiences, a trip that you take to the museum with a grandparent.
1:11.6	And then the third category is the gift that keeps on giving
1:15.6	and that's really what I see as stock. So you can open up an account for a child,
1:21.5	you can make it a gift tax account, and you can fill that account with
1:25.9	a stock or two or five.
1:28.3	Listen to last week's show for thoughts on those.
1:31.4	Well, last week I mentioned that I was excited this week to talk about one of my favorite
	...

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