Why buying the S&P 500 Index is the best way to invest: Jack Bogle and The Vanguard Group

It is almost impossible for the average investor to beat the market over time. The expenses associated with chasing high market returns in excess of a passive strategy would negate any gains. Therefore, we should focus on reducing the expenses on our investments through vehicles with low turnover, low management fees, and low expense ratios. This is the philosophy of a man named John Bogle who is one of the most influential and consequential minds in financial history.
John Bogle was the founder and CEO of The Vanguard Group. He revolutionized the way people invest and manage their money by creating low cost index funds that tracked the broader market. An Index fund is an investment built to mirror a market index. Therefore, index fund investing is a passive investment strategy that only requires the fund’s manager to adjust the holdings to match that of the benchmarked index. In 1976, John Bogle introduced the Vanguard 500 fund which tracked the S&P 500. This was the first index fund marketed to regular retail investors like you and me. The Vanguard 500 was a no-load mutual fund which means it did not charge a commission to purchase. These funds run themselves which keeps expenses low.
I am a corporate financial analyst not a financial advisor. I am unlicensed and unqualified to give you financial advice but I encourage you to research passive index fund investing.