The S&P 500 index closed at an all-time high Monday, extending a recent string of gains in what’s mostly been a solid month for the market. AP reports: The benchmark index closed... Read more »
Jack Bogle, who founded Vanguard Group, an investing juggernaut now with more than $5.1 trillion in assets under management, and created the world’s first index mutual fund, has died. He was 89.... Read more »
Vanguard Group is lowering the minimum amounts customers need to invest to get cheaper prices on more than three dozen of its index funds. The Wall Street Journal reports: “The $5.3 trillion... Read more »
More evidence that it’s very hard to beat the market over time, 95% of finance professionals can’t do it. Mark J. Perry writes on American Enterprise Institute: “The percentage of active managers... Read more »
Warren Buffett officially wins his bet that the S&P 500 index fund would beat selected hedge funds over the last 10 years. Fortune reported: In 2007, Warren Buffett bet a million dollars... Read more »
