Investing

Opinions on market trends and investing strategies.

Mistakes? I’ve made a few

Prior to joining Vanguard in 1986, I was a saver. All of my money, modest in amount, was in bank savings and checking accounts.

Naturally, after coming aboard HMS Vanguard, I learned more about financial markets, asset classes, … Read more

Recent Posts

Musings of a cockeyed optimist

I can’t sing a lick, but a tune from the Rodgers and Hammerstein musical South Pacific came to mind as I was thinking about the pervasive pessimism in so much economic and market commentary.… Read more

Taking another “random walk”

I recently had the chance to reread A Random Walk Down Wall Street by Burton Malkiel as part of a work-related book club.

Having read the book in a business school class very early in my career, I promptly ignored … Read more

The gold rush of 2010

We’ve been hearing a lot about gold over the last few months, related to concerns about inflation, the creditworthiness of various governments, and fallout from the financial crisis—all against the backdrop of what is the most significant increase in inflation-adjusted … Read more

The “zoom theory” and market gyrations

As we sat around after a recent family cookout, talk turned to the stock market’s recent gyrations.

The older folks (I am, of course, in that camp) were grumbling about the spring slump in stocks. After listening to his middle-aged … Read more

Advice to graduates

In June 1997, Chicago Tribune writer Mary Schmich penned a now-famous column titled “Advice, like youth, probably just wasted on the young.” In short, the column served as the speech that Ms. Schmich would give if she were asked to … Read more

Winning the loser’s game

I don’t really follow tennis, but it turns out that an insulting label for tennis players connects to a very important investment idea.… Read more

Keeping the “bag lady” specter at bay

I’ve never heard this discussed by men, but some women carry the worry that they will end up old and alone, with no money and no home. It’s not generally ever-present, but rears up as reports on foreclosures, unemployment, plant … Read more

“Yes, Virginia”: The compensation question

In a post last month, I mentioned the skepticism we hear from time to time about Vanguard’s client-owned, at-cost structure.

In brief, under this novel structure the various Vanguard mutual funds own the operating company—The Vanguard Group, Inc.—that exists … Read more

Yes, Virginia, we really are client-owned

While listening to groups of investors recently as part of some research, we learned something that was, to us, a bit disappointing.

And thereby hangs a tale.… Read more

A modest proposal

Given all the back and forth in Washington these days, with policy meetings and dramatic proposals to revolutionize retirement, I’ve got retirement-income solutions on the brain. So here’s a modest proposal for providing “Retirement Income Security for All.”… Read more

<Previous1 6 7 8 9 10 11Next>

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

Follow

Get every new post delivered to your Inbox.

Join 158 other followers