Strengthening Worker Retirement Security: John C. Bogle
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Besides Warren Buffett, Jack Bogle is one of the very people that talk any sense about investing these days.
The financial world is full of charlatans, snake oil salesmen and con artists who deliberately confuse speculating (gambling) with investing.
By buying into an index fund you buy into the market at a greatly reduced cost that automatically cuts out these expensive middlemen. The alternative is to buy into a so-called "managed" fund, the charges of which are often nigh-on criminal.
happyuk06 2 years ago