bogle: As the man who started the index revolution more than 40 years ago, Bogle is a one-of-a-kind investor resource, and he's still as fiery as ever when it comes to his views about Wall Street and the mutual fund business, investors, the index revolution and more, according to Market Watch. Bogle recently appeared on my show, Money Life with Chuck Jaffe. It's not that Bogle, the venerable 87-year-old founder of the Vanguard Group, the world's largest mutual fund company, has always been right, but investors have always been able to count on him for straight talk and answers that, when relied upon as investment advice, feel right over time. Here are some highlights from this three-part interview On the index he would pick if he was starting the first index fund again Bogle I would choose the Standard & Poor's 500 Stock Index SPX, -0.25% for the same reasons I picked it in the first place all those years ago. It is a very low-transaction costs investment. The reality is that it's weighted by the market capitalization of each stock, so if a big stock goes up in value, you don't have to buy any more, it goes up in value by the exact same amount in the fund.
(news.financializer.com). As
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