When people hear that I work for Vanguard, they often ask me for advice on how they should invest their money. Fortunately for me, the advice is easy to deliver because for nearly 40 years our recommendations have remained simple … Read more
I’ve been investing in stocks through mutual funds for more than 30 years. I’ve known all along that periodic swoons come with the territory. I’ve experienced the October 1987 crash, the 2000–2002 bursting of the tech-stock bubble, and the kerflop … Read more
Investors have every right to feel anxious about the markets.
First, we had the endless drama and squabbling over the federal debt ceiling. An agreement was reached, but before we could take a collective sigh of relief, the equity markets … Read more
There’s been a lot of back and forth about the differences between the posted performance of a mutual fund or exchange-traded fund (ETF) and the returns actually realized by investors taking into account cash flow.
Reading the discussion around this, … Read more