A Nobel Economist Compared This Fund to the Invention of the Wheel. $100 a Month Could Top $544,000
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The post A Nobel Economist Compared This Fund to the Invention of the Wheel. $100 a Month Could Top $544,000 appeared first on 24/7 Wall St..
Paul Samuelson, the first American to win the Nobel Prize in economics, once placed the invention of the index fund alongside the invention of the wheel, the alphabet and Gutenberg printing. He made the comparison in a speech honoring Vanguard founder Jack Bogle. He meant it.
The comparison holds up. A $100 a month practice shows why. If you wait until you
Paul Samuelson, the first American to win the Nobel Prize in economics, once placed the invention of the index fund alongside the invention of the wheel, the alphabet and Gutenberg printing. He made the comparison in a speech honoring Vanguard founder Jack Bogle. He meant it.
The comparison holds up. A $100 a month practice shows why. If you wait until you
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