Monday, October 24, 2005

John Bogle

John Bogle on Investing--Click To Buy

Born:Montclair, New Jersey in 1929.

Most Famous For:Often referred to as the father of index fund investing, he's the creator of the first S&P 500 index fund.

Quote:"If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks."

Bogle is considered a pioneer in the mutual fund industry. He introduced the first S&P 500 index fund ever - the Vanguard 500 Index - which debuted in 1976. On countless occasions, he has stated that investors shouldn't be so worried about trying to beat the markets and should join the markets instead. His index funds were characterized as low cost and low maintenance and allowed several millions of investors to participate in the greatest bull market ever.

He rejects "today's emphasis on witchcraft and mystery" in investing, and supports a "back to basics" strategy. In his opinion, these are the investment principles which have proven to be successful for over 75 years.

Book: John Bogle on Investing: The First 50 Years Click Below to Buy.

John Bogle on Investing--Click To Buy

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