John Clifton Bogle died January 16, 2019. Who is John Bogle? He founded The Vanguard Group (the second largest investment management company in the world) in 1975 and has been called the father of index investing. Fortune Magazine called him one of the four giants of the 20th century.
We, at E2E Financial, believe that index funds play an important part in well diversified portfolios. We thank John for democratizing investing for all and lowering the investment costs across the board. Thank you Mr. Bogle for your tireless efforts. You are on the Mount Rushmore of financial industry titans! Rest in Peace.
An investment in Exchange Traded Funds (ETF), structured as a mutual fund or unit investment trust, involves the risk of losing money and should be considered as part of an overall program, not a complete investment program. An investment in ETFs involves additional risks such as not diversified, price volatility, competitive industry pressure, international political and economic developments, possible trading halts, and index tracking errors.
There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.