090 - Lessons from Jack Bogle
Maven Money Personal Finance Podcast
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The Vanguard Effect on the Fund Management Industry
The vanguard group, in their behaviour and actions, have actually reduced their fees antually since they e, you know, released funds. And that's the power of not paying out profits to shareholders in the fund management buses. If you invested 150 dollars a month in the vangad s m p 500 fond in 19 seventies when it was launched, by the end of two thousand and 17 you would have over a million dollars,. 18 17, we were o iin tagrat incomvay, over a hundredan, over a million dollar. It's incredible.
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