The long-guarded secret of successful investors is revealed in this introduction to index funds, which helps newcomers reduce costs, stave off taxes, and control risk using this proven technique. Original.
"synopsis" may belong to another edition of this title.
John Bogle (Valley Forge, PA) is founder and former chief executive of The Vanguard Group, the world's largest no-load mutual fund company, with more than $500 billion in assets owned by 12 million shareholders. In 1999, Fortune named Mr. Bogle one of the four financial giants of the 20th century, and Princeton University, his alma mater, awarded him its coveted Woodrow Wilson Award. His first book, Bogle on Mutual Funds, has sold over a quarter-million copies in hardcover and paperback.
Explains how index funds work, and shows how to use them to reduce costs, defer taxes, control risk, and reap greater returns than with other mutual funds.
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