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Yearly Archives: 2017


The benefit of buying below sticker price

I’ll admit it…I’m a bit of a pack rat. After working here for more than 30 years, I’ve accumulated and inherited a lot of stuff—articles, memos, brochures, newsletters, books, and VHS (but no 8-track) tapes. One of my prized possessions is the December 1949 Fortune magazine featuring the article “Big Money in Boston” that inspired Vanguard Founder John C. Bogle to pen his college thesis on the mutual fund industry.… Read more

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Vanguard ETF Shares are not redeemable with the issuing Fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. 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.

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Diversification does not ensure a profit or protect against a loss.

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All investing is subject to risk, including the possible loss of the money you invest.

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