Stan Choe, Ap Business Writer Updated 6:40 pm CST, Tuesday, January 22, 2019 FILE- In this May 20, 2008, file photo John Bogle listens during an interview at The Associated Press in New York. The surge in popularity for index funds is a product of their lower fees, better performance and the preaching of Bogle, the founder of Vanguard Group, which launched the … [Read more...] about 40 years after his “folly,” Bogle’s index funds reign
Sp midcap 400 index fund
When Vanguard’s founder first invented the index fund, it was ridiculed as ‘un-American,’ but 40 years later it’s an investing strategy championed by Warren Buffett
Tanza Loudenback, provided by Published 12:29 pm PST, Thursday, January 17, 2019 AP Photo/Mark Lennihan, File Jack Bogle, the founder of investing firm Vanguard Group, died on Wednesday at age 89. Bogle pioneered low-costindex funds, which now make up 70% of Vanguard's $5.1 trillion in assets and are championed by legendary investors like Warren Buffett. … [Read more...] about When Vanguard’s founder first invented the index fund, it was ridiculed as ‘un-American,’ but 40 years later it’s an investing strategy championed by Warren Buffett
Jack Bogle, index fund pioneer and Vanguard founder, dead at 89
Valley Forge, Pa. - Vanguard Group founder and investing pioneer John C. Bogle has died at age 89, according to the company. He passed away in Bryn Mawr, Pennsylvania, where he had lived. Well known as Jack Bogle, he simplified investing for the masses by introducing the first index mutual fund for individual investors in 1976. Vanguard also shook up the industry by ending the … [Read more...] about Jack Bogle, index fund pioneer and Vanguard founder, dead at 89
FundSeeder plans first index funds within six months
SHANGHAI (Reuters) - FundSeeder, a U.S. financial software company co-founded by Jack Schwager, author of best-selling book series “Market Wizards”, plans to create its first index investment products within the next six months, its CEO told Reuters. Using its own performance analytics platform FundSeeder aims to connect institutional money with some of the … [Read more...] about FundSeeder plans first index funds within six months
S&P 500, Dow hit new highs ahead of index reshuffle
NEW YORK (Reuters) - The S&P 500 and Dow reached record highs on Friday ahead of Monday’s major sector reshuffle, capping a week that largely shrugged off trade worries. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 21, 2018. REUTERS/Brendan McDermid Trading volume was expected to spike in anticipation of the … [Read more...] about S&P 500, Dow hit new highs ahead of index reshuffle