Month: January 2019

Yesterday, January 16, 2019, will go down in history for the passing of John Bogle, fondly known as the father of index funds, who died at the age of 89.  He was the first to create a mutual fund tied to an index such as S&P 500 and made index investing a popular phenomenon.  He revealed to the world that active fund managers rarely beat the benchmark indexes on a consistent basis and are plagued by exorbitant advisory fees and high operating costs. 

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