What’s an index fund?
- Written by Jordan Schoenfeld, Accounting Faculty, Georgetown University
The creation of the index fund in 1975 revolutionized investing, lowering costs for millions of ordinary investors.
Their inventor John Bogle died on Jan. 16 at the age of 89.
Bogle took a complex universe of thousands of stocks and reduced it to a simple, singular entity, the index fund. Through index funds, investing in the stock market became...

