Quotes

Quotes by Charles Schwab

(4)
(43) "Most of the mutual fund investments I have are index funds, approximately 75%."
2000
- Guide to Financial Independence, p. 90
(44) "It's fun to play around...it's human nature to try to select the right horse...(But) for the average person, I'm more of an indexer...The predictability is so high...For 10, 15, 20 years you'll be in the 85th percentile of performance. Why would you screw it up?"
2007
- The Little Book of Common Sense Investing by John C. Bogle
(321) Nobody wants to be passive; indexing is not passive — much more goes into indexing than watching a stock become the next buggy whip.
May 22, 2014
- Thinkadvisor.com, "Schwab Founder: Indexing Is Not Passive", 5/22/14
(322) The word passive does a disservice to investors considering their options. Indexing provides an effective means of owning the market and allows investors to participate in the returns of a basket of stocks. The basket of stocks changes over time as stocks are added or removed based on its rules.
May 22, 2014
- Thinkadvisor.com, "Schwab Founder: Indexing Is Not Passive", 5/22/14