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Bogle: Keep Bonds for the Bumps in the Road

Stocks should outperform bonds in the coming decade, but investors need a significant allocation to fixed income for stability in today's troubled market, says Vanguard founder Jack Bogle.

Christine Benz: Hi, I'm Christine Benz for Morningstar.com. We're at the Bogleheads Reunion outside of Philadelphia, and it's a real privilege to be here today with Jack Bogle.

He is founder of the Vanguard Group and also the main person at this event.