Bogle Talks Election, Dollar-Cost Averaging

Vanguard Founder Jack Bogle says the Presidential Election will ultimately have little impact on stocks. Bogle tells FOX Business Network that companies’ economic performance over the long run is what really drives stock returns, and “that’s not going to change [on Election night], it’s not going to change tomorrow.” Bogle also talks about why he thinks dollar-cost averaging is not a winning strategy over the long haul.