mo4ch:>John Bogle, millionaire & Warren Buffet's 'hero', who paved way for low-fee investing, dies at 89 | Mo4ch News

Vanguard Group founder John Bogle has died at the age of 89, his family has confirmed. Bogle is known as a pioneer of low-cost index funds, whose visionary ideas have enabled ordinary Americans to save money through investment.Bogle passed away at his home in Bryn Mawr, Pennsylvania, on Wednesday, The Philly has reported, citing the late investor's family. Vanguard Group, the investment company he founded in 1974, has confirmed his death in an official statement on its website. The cause of Bogle's passing has not been officially revealed, with the Philly reporting that the octogenarian millionaire died of cancer.Also on rt.comInvestors wasted billions on Wall Street money managers - Warren BuffettThroughout his long career in investment, first at the Wellington Management Company, and then at his own fund, Bogle has been hailed as a trailblazer. He introduced the first index fund for individual investors in 1976, making investment opportunities accessible to ordinary American…