Are all millionaires wealthy? Not if you ask them. A whopping 70% of those with at least $1 million in assets that are invested or available to invest, excluding home values, don’t... Read more »
Net Worth: $80 Million Age: 89 Born: May 8, 1929 Source of Wealth: Investor, Business Magnate Known For: Founding the Vanguard Group Last Updated: 2018 Introduction John C. (Jack) Bogle is the... 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 »
It’s official: Bitcoin has surpassed “Tulip Mania” and is now the biggest bubble in world history. Tyler Durden reported on ZeroHedge: One month ago, a chart from Convoy Investments went viral for... Read more »
The 401(k) plan is the most popular type of employer-sponsored defined-contribution retirement plan. According to the Survey of Income and Program Participation (SIPP), 60 million individuals or 33.0% of the U.S workforce... Read more »
Taylor Larimore, a well-respected Bogleheads, compiled a list of what experts say about market timing vs. staying the course. Market timing is essentially making portfolio changes based on market forecasts. Read the... Read more »
The story of the investment banker and the Mexican fisherman contains an important lesson. It’s short, fun and well worth your time to read. The Parable of The Mexican Fisherman An investment... Read more »
There are many bloggers out there showing you how to get rich. In fact, there’s an industry behind this get-rich-quickly trend. When this topic comes up, billionaire Mark Cuban is the right... Read more »
In a move that will benefit all investors, the world’s leading low-cost fund provider Vanguard continues pushing fees down as it grows. The fee wars across the fund industry will only heat... Read more »