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John Bogle, founder of Vanguard, dies at 89

John Bogle, founder of Vanguard, dies at 89

Associated Press

VALLEY FORGE, Pa. (AP) — John C. Bogle, who simplified investing for the masses by launching the first index mutual fund and founded Vanguard Group, died Wednesday, the company said. He was 89. Bogle did not invent the index fund, but he expanded access to no-frills, low-cost investing in 1976 when …

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