John Bogle, commonly referred to as Jack, is known as The Father of Index Investing and The Father of Index Funds. Bogle was born in Montclair, New Jersey on May 8, 1929.
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John Bogle, commonly referred to as Jack, is known as The Father of Index Investing and The Father of Index Funds. Bogle was born in Montclair, New Jersey on May 8, 1929.
After graduation, Bogle went to work for Wellington Management from 1951 to 1974, but was fired because of a merger decision he made. In 1974, he found the Vanguard Group Inc., and in 1976 he introduced the first retail index fund the Vanguard 500
Although Bogle was initially mocked for his introduction of the index fund, he proved to be a true visionary and was even named as one of the โWorldโs 100 Most Powerful and Influential Peopleโ by Time Magazine in 2004
Vanguard has grown to become one of the worldโs largest investment management companies, with more than five trillion in global assets under management. Although Mr. Bogle died in January of 2019, his philosophy of index investing is ALIVE.
An index fund is a type ofย mutual fund with a portfolio constructed to match or track the components of a financialย market index,such as SENSEX , NIFTY 50 etc!Most index funds are greatly diversified that could only be matched by a few investors
No worries,had put up 2 videos on index funds in hindi which you can check out :
1-https://t.co/mtcy2dLPek
2-https://t.co/r7dEy5Cb9a
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1-Index funds outperform the vast majority of actively managed funds. Two-thirds of actively managed mutual funds have failed to beat their relevant index in a typical year, and over 80 percent