If you believe the headlines, it seems that everyone and their 14-year-old is making money from crypto and Bitcoin; words and concepts that ironically, did not even exist 14 years ago.
If you want to jump on the crypto bandwagon, without taking time to understand all the acronyms (FUD, FOMO, HODL) or crazy terminology about moonbois in lambos, then take note.
From the 1400’s to the 1960’s, stocks and shares were also a mysterious concept: Spoken of in hushed tones by the 1% elite whilst clutching cigars and cognac in their oak-panelled private clubs.
The billionaires’ best-kept secret was shattered forever by a benevolent philanthropist called John C.( Jack) Bogle, who believed that “investing is for everyone.”
Bogle decided that he wanted to create an easy way for the other 99% of people to invest into stocks, so he launched Vanguard, the world’s first stock market mutual fund.
This mutual fund was an investment vehicle where thousands of people could invest their spare change into a large pool, and the pool would be invested into the stock market.