- Rule #4: focus on the portfolio not the funds. Five portfolios: Income Preservation, Conservative Income, Growth & Income, Wealth Builder, Aggressive Growth.
- Rule #6: buy cheap funds—low cost, low risk, low stress
- Rule #9: past performance counts—it’s the best tool you’ve got. Bogle: do not overrate past fund performance, but use it to determine risk and look for consistency; focus on funds with (out of 10 years) 6-8 years in the top half and less than 2 years in the bottom quartile.
Finished: 16-Sep-2006