Saint Jack said he'd "stay the course" instead of changing allocations midstream, despite rising rates, on CNBC's "Fast Money," CNBC's Bruno Navarro writes.

He still touted the classic 60 percent stocks and 40 percent bonds portfolio and said that bond yields weren't at a turning point just yet, but Bogle qualifies the statement, Navarro writes, quoting Jack Bogle as saying, "But certainly there is going to be a turn, and that's what the bond market, I think, is anticipating because we've had a really substantial increase."

Bogle advocated being a tad contrarian by getting into emerging markets, since future returns should be better than the market expects, Navarro writes.

To read more, click here.  

Edited by: Casey Quinlan


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