Markets have gotten more volatile in recent years. Amidst the frenzied financial markets rich with cash pouring in from stimulus packages, it is sometimes difficult to make sense of everything. Cryptos have crashed, bubble troubles are imminent, and a lot of concerns on inflation and the future outlook abound. As a young investor looking for a way to invest and grow my very first paycheck, timing the market and picking the right fund, stock, or bond to invest in is daunting. Which is exactly why I spent my weekend cozying up in a corner, reading The Little Book of Common Sense Investing by John C. Bogle.
Starting the first index fund and Vanguard
John C. Bogle, also known as Jack, was the creator of both Vanguard (in 1974) and the world’s first index mutual fund/ unit trust (in 1975) — Vanguard S&P 500 Index Fund. With index funds, he revolutionized the mutual fund scene by creating a passiv...