Investing

Opinions on market trends and investing strategies.

Two sides to every trade

Suppose, after reading a favorable article on a company, you go out and buy the stock at $10 per share. A year later, the stock price reaches $20, and you close out your position, doubling your money in a year—a …

   Read More...
8 Comments

Recent Posts

A sign of slumbering—or of hope?

A Wall Street Journal report, published on February 21, notes that small-capitalization stock prices, as measured by the Russell 2000 Index, are nearing an all-time high. But investors aren’t pouring money into small-cap stocks.

The story, “Small-cap rise is big …

   Read More...
9 Comments

Avoiding risk? You might not be

I don’t consider myself a risk-taker. I change the batteries in my smoke detectors, double check that my doors are locked, and always wear my seat belt. I can absolutely relate to the fear that many young people have when …

   Read More...
19 Comments

A gem of wisdom

In the investment world, you occasionally come across a simple yet striking observation. Here’s an example from a recent client letter of Howard Marks, chairman of Oaktree Capital Management, L.P., and one of Vanguard’s external investment advisors:…

   Read More...
8 Comments

CEO gets social with fans

As you probably know, Bill McNabb, our chairman and chief executive officer, spent part of Monday, January 23, interacting with Vanguard clients via social media—”taking over” our Twitter and Facebook channels.

“It’s not every day that a CEO reaches out …

   Read More...
4 Comments

Starting 2012 on the right foot

It’s a new year, so here are a few investment and retirement thoughts that come to mind for 2012.

When it comes to investing, Theme #1 among investors, especially among the majority of the retired or conservative crowd, continues to …

   Read More...
10 Comments

Gen Y: plenty of time to invest, but little appetite for risk

Along with about 50 million others, I’m a product of Generation X. I had a Dorothy Hamill haircut, spent my weekends at the roller-skating rink, and grew up watching Madonna on MTV (back when she was more controversial and they …

   Read More...
51 Comments

The “best” place to put your money NOW for 2012

I have to admit up front that if you’re reading this blog based on the title, you’re in for a bit of a surprise, and I hope you won’t feel too bad about being hoodwinked.

Articles with titles like this …

   Read More...
62 Comments

Irrationally rational or rationally irrational?

I remember first being introduced to the concept of market efficiency during business school. At the time, I was working for a large Wall Street firm in close proximity to the equity trading floor. As I thought about the precision …

   Read More...
11 Comments

History — An imperfect guide to the future

There’s a good reason why regulators require financial firms to include, when mentioning the past returns or ratings of a mutual fund, the warning: “Past performance is not a guarantee of future results.”

The warning is true. History is an …

   Read More...
10 Comments

Need proof?

In response to my most recent post, “Give ‘thoughtomation’ a try,” I received this helpful idea from a reader:

“Why don’t you post a spreadsheet with comparisons of saving early vs saving late in life? That is the most important

   Read More...
23 Comments

<Previous1 2 3 4 5 6 12Next>

Visit vanguard.com or contact your broker to obtain a Vanguard ETF or fund prospectus which contains investment objectives, risks, charges, expenses, and other information; read and consider carefully before investing.

Vanguard ETF Shares are not redeemable with the issuing Fund other than in Creation Unit aggregations. Instead, investors must buy or sell Vanguard ETF Shares in the secondary market with the assistance of a stockbroker. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.

Investments in bond funds are subject to interest rate, credit, and inflation risk.

Diversification does not ensure a profit or protect against a loss in a declining market.

Foreign investing involves additional risks including currency fluctuations and political uncertainty.

Stocks of companies in emerging markets are generally more risky than stocks of companies in developed countries.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in such a fund.

All investing is subject to risk, including possible loss of principal.

Vanguard Marketing Corporation, Distributor