• Vanguard Founder Jack Bogle: 10 Step Wealth Building Bogleheads Investing Philosophy for the Military #137

  • Aug 19 2024
  • Duración: 29 m
  • Podcast

Vanguard Founder Jack Bogle: 10 Step Wealth Building Bogleheads Investing Philosophy for the Military #137

  • Resumen

  • Does a simple Bogleheads style of investing work for military families? YES! The Bogleheads are followers of the philosophy of Vanguard founder John C. "Jack" Bogle.

    1. Live below your means
    2. Develop a workable plan
    3. Never bear too much or too little risk
    4. Invest early and often
    5. Diversify
    6. Invest with simplicity
    7. Use index funds when possible
    8. Keep Costs Low
    9. Minimize taxes
    10. Stay the course

    By the way, you can also recreate a bogleheads' style portfolio in your TSP! We talk about it in the Confident TSP Investing course. Lifecycle funds basically build a simple, 3-fund portofilio for you. Check out the course info below.

    Links mentioned in today's show:

    • The Little Book of Common Sense Investing by John C. Bogle on Libby App or Amazon
    • Bogleheads.org
    • Bogleheads forums
    • r/bogleheads on reddit
    • Jeremy Schneider's two rules from Personal Finance Club- spend less than you earn & invest the difference
    • International vs US stock performance chart
    • Nectarine's hourly financial advise
    • Military Financial Advisors Association

    For a limited time, Spencer is offering one-on-one Military Money Coaching sessions! Get your personal military money and investing questions answered in a confidential coaching call.

    Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE!

    If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.

    If you want to maximize your military paycheck, check out Spencer's 5-star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com.

    I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.

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