Gender financial stereotypes abound. Women are risk-averse—to their detriment! Overconfident men trade more—to their detriment!
“OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February.”
So said Mark Twain, and he was as accurate as he was … Read more
We in Vanguard Investment Strategy Group read. A lot. So it was with great interest that I came across a recent article on Bloomberg about the earnings report from Warren Buffett’s company, Berkshire Hathaway.¹ The article said that cash holdings … Read more
I’m Chuck Riley, a senior financial planner at Vanguard, and I have a confession to make.
I invest in actively managed funds.
That’s right. I work for the company that introduced the first index fund for individual investors and championed … Read more