Here's what made the founder of the world's largets mutual fund help his investors create wealth.
John Bogle figured that cheap mutual funds, which just mirrored indices with little tracking error, would be a useful vehicle for wealth creation, recalls Devangshu Datta.
Most investors sell in panic, act like a trader, don't understand the difference between price of a stock and its value, are not consistent in their investment strategy and deviate from their asset allocations that leads to wealth destruction, writes Ramalingam K.
The company has a market capitalisation of $743 billion.
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
When making a buy or sell decision on a fund, it is essential to look beyond profits, says Kavitha Krishnan
They researched their companies well, didn't believe in the market chatter and advise to stay invested for long term.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances