Stay out of debt and buy index funds.
John Bogle, founder of the Vanguard Group, discusses basic investment principles, the importance of low costs and if indexing is here to stay.
On this week's Consuelo Mack WealthTrack - legendary financial consultant Charles Ellis. His "Winning the Loser's Game" is an investment classic. Now he's written a new investment primer with Princeton economist Burton Malkiel, "The Elements of Investing." Financial Thought Leader Ellis offers basic rules to succeed in the financial markets.