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Bogle: Market About Fairly Valued Today

A reasonable estimate based on dividend yields, potential earnings growth, and current P/E ratios suggests a 7% annual return for stocks over the next 10 years, says the Vanguard founder.

Christine Benz

Christine Benz: I'm Christine Benz for Morningstar.

I recently attended the annual Bogleheads Conference, and I had the opportunity to sit down with the event's namesake, Jack Bogle. Jack is the founder and former chairman and CEO of the Vanguard Group.

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