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Bogle: Fed Should 'Stay Out' of Trying to Influence Market

Friday, 1 Feb 2013 | 10:10 AM ET

John Bogle, The Vanguard Group senior chairman & founder, discusses why it's "counter-intuitive" for the retail investor to invest in the markets based only on its current record levels."People should be thinking about stocks as return generators and income generators; where in the previous market, it was bonds that did the heavy lifting," Bogle added.