Costs Quote by John C. Bogle
“Net return is simply the gross return of your investment portfolio less the costs you incur. Keep your investment expenses low, for the tyranny of compounding costs can devastate the miracle of compounding returns.”
About This Quote
Source Book: Common Sense on Mutual Funds, John C. Bogle, 1999
Investing returns are reduced by fees; minimizing expenses preserves compounding power.
In simple terms: Fees shrink returns; keep costs low.
Key Takeaway
Cut expenses to protect compounding.
Themes
finance
investing
cost management
Mood
cautious
analytical
Type
educational
practical
When to use this quote
- personal finance
- retirement planning
- investment analysis
- advisor meetings
Key Concepts
compounding
expense ratio
portfolio efficiency
Questions to Reflect On
- How often do you review expense ratios?
- What strategies can you use to lower fees?
A Different Perspective
Even low fees can erode returns over long horizons if not monitored.
