In starting the first index fund, he made a lot of people’s lives a little better.
In starting the first index fund, he made a lot of people’s lives a little better.
Your post reminded me that my Charles Schwab IRA was a disappointment last year. Approximately half of the investment in ETFs and Closed End Funds And half in mutual funds realized a profit of a 1.87%. Not much to show for the risk of such a volatile stock market. Jack seems to have had a good thing going. But then he was Princeton grad.
Indeed, he helped so many and will continue to help so many to achieve financial independence.
A man who applied common sense instead of just swallowing the received wisdom. My portfolio thanks him.
Yes, a first rule for success.....”never adopt inherited assumptions.”
A man of integrity - rare these days.
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