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Jack Bogle: Better off in stocks

Wednesday, 11 Jun 2014 | 3:17 PM ET

Despite market highs, new data shows investors are holding an average of 40 percent of their assets in cash. Vanguard founder Jack Bogle, says he is "extremely dubious" about the 40 percent number. Bogle also explains why investors are better off in stocks than in commodities or other "offbeat" investments.