10 Years After Lehman’s Collapse, 10 Common Sense Lessons for Investing Success

canoe.jpgIn 1976, one man quietly started a revolution.

That man was John C. Bogle.

He launched the Vanguard 500 Index Fund, the first index fund available to individuals, and transformed the investment landscape forever.

In 2012, Vanguard Group founder Bogle released a book. The Clash of the Cultures.

In it, he urges a return to the common-sense principles of long-term investing.

A common-sense strategy that “may not be the best strategy ever devised. But the number of strategies that are worse is infinite.”

With 60-plus years in the investment field, these lessons are immeasurably valuable: Learn more

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China and Russia Looking to Drop US Dollar for Oil Payments

yuan-vs-dollarJust days after Beijing officially launched Yuan-denominated crude oil futures (which are expected to quickly become the third global price benchmark along Brent and WTI), Reuters reports China has taken the next major step in the challenging the US dollar’s supremacy as global reserve currency (and internationalising the Yuan) by paying for crude oil imports in its own currency instead of US dollars.
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