Discouraging Americans is deeply misguided at a time the dollar bears no fixed relation to gold and other nations, most notably China, are encouraging their citizens to accumulate gold.
Bogle created index funds in 1975, transforming the world of investing and making it easier for millions of Americans to hold onto their money.
Many of the new reforms proposed by the Treasury Department aim to reverse bad effects of a 2012 law, freeing entrepreneurs to innovate while still safeguarding potential investors.
The Obama administration is again destabilizing the housing market and seizing investors’ returns on their money.
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