Vanguard Founder John Bogle Tells Me He Sees ‘Nominal To Zero’ Real Returns Over The Next Decade

Benzinga recently had the chance to speak with John Bogle, founder and former CEO of The Vanguard Group and author of best-selling book “Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor.”

Benzinga asked Mr. Bogle about what kind of returns investors can expect over the next decade and if he believes that stock investors should be fearful that the six-year-old bull market is nearing its peak.

Is The Stock Market Overpriced?

With the S&P 500 more than 30 percent higher than its pre-Financial Crisis peak, Bogle was asked if he believes the market is currently overvalued.

“I think it’s fully valued, but not overvalued in any material way,” Bogle explained.

What Kind Of Returns Can Investors Expect Over The Next Decade?

Bogle projects…

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