Rob Carrick interviews founder of Vanguard family of mutual funds in the US and author of the influential book Common Sense on Mutual Funds, John Bogle, in Globe Investor section on Tuesday, April 6, 2010.
Here is an excerpt from the article:
Carrick: Too many Canadian investors are oblivious to the costs they incur in investing. Can you say something to wake them up?
Bogle: Costs are everything – that would be my definitive statement. Do your fishing in the low-cost pond. Why don’t investors realize that? They think that performance is more important than cost. But performance comes and goes, and cost goes on forever.
Click here to read the full interview.
