In the 1970s, nothing was scarier than walking around New York City. You know, all those alligators in the sewer.
And if a murderous reptile didn’t attack you from an open manhole, you had to worry about the killer bees … Read more
Depending on your age, Halloween conjures many images—some sweet, some scary. My girls are young and seem to experience both extremes: They love the treats but could do without some of the scarier imagery. As adults and investors, we’re not … Read more
“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
My workday is filled with conversations about exchange-traded funds (ETFs). Some are basic, others complex, but they can all be challenging. Last week, however, I got a phone call at home that proved to be one of the more challenging … 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
Recently I went through the process of purchasing a map update for my GPS (yes, I realize there are phone apps that provide GPS directions … a discussion of my technology choices is not the focus of this particular blog!). … Read more