Vanguard History
This Vanguard founder is known for pioneering index investing.
John (or Jack) C. Bogle
This energy company became synonymous with corporate fraud after its collapse in 2001.
Enron
Owning a share of this gives you partial ownership in a company.
Stock
The form clients receive describing advisory services, fees, and conflicts of interest.
Form CRS
The number of companies currently included in the S&P 500 Index.
500
Vanguard's headquarters is located in this Pennsylvania town.
Malvern
This late-1990s bubble was fueled by excitement over internet companies.
Dot-Com bubble
This type of investment is essentially a loan made by an investor to a government or corporation.
Bond
The SEC regulation requiring firms to act in the client's best interest when making recommendations.
Regulation Best Interest
The number of stocks contained in the Dow Jones Industrial Average.
30
This balanced fund, dating to 1929, was Vanguard's first mutual fund offering.
Vanguard Wellington Fund
This investment bank's bankruptcy in September 2008 is often viewed as the moment the Global Financial Crisis accelerated dramatically.
Lehman Brothers
This investment vehicle pools money from many investors and is managed according to a specific investment objective.
Mutual Fund
When discussing Cash Plus, this three-letter acronym stands for a rate that can change over time and should never be presented as guaranteed.
APY
The age at which investors can begin taking penalty-free withdrawals from most retirement accounts.
59.5
This was Vanguard's first index mutual fund, launched in 1976 and initially mocked as "Bogle's Folly.
First Index Investment Trust (now the Vanguard 500 Index Fund)
The speculative mania surrounding this flower in the 1630s is often cited as one of history's first asset bubbles.
Tulip Mania
This investing principle encourages spreading investments across different asset classes to help reduce risk.
Diversification
A client wanting to roll over assets from a former employer's retirement plan may choose to move them into this three-letter account.
IRA
The number of basis points in 1%.
100
The Vanguard name was inspired by a ship commanded by this British admiral.
Horatio Nelson
On October 19, 1987, the Dow Jones Industrial Average fell more than 22% in a single day, an event known by this name.
Black Monday
John Bogle famously championed this investment strategy, which attempts to match rather than beat the market.
Index Investing
This three-letter acronym measures how likely clients are to recommend a company to others.
NPS
The number of zeros in one billion.
9