When I think about investment returns, I also wonder why we always chase returns we want, versus accepting returns we need to meet our goals. For ourselves and relative to our peers, we’re always looking to do better, achieve more, … Read more
Tag Archives: financial goals
A few years ago, while buying wine for a friend’s party, I found a reasonably priced cabernet sauvignon produced by Bogle Vineyards. I work at Vanguard. How could I resist? A clerk assessed my selection and, I kid you not, … Read more
Many of my clients ask me the age-old question of whether they should invest cash all at once or dollar-cost average over time. This decision can have a significant impact, so I’ll lay out some key considerations I review with … Read more
A recurring theme jumping out at me from news headlines is that millennials are shying away from the stock market, setting them up for long-term failure as they invest for retirement. For example, just recently, I read about a survey … Read more
The United States tries to help people save for retirement. We have tax incentives. We have private-sector innovations such as workplace retirement plans that automatically enroll us and increase our savings rates over time.
Even so, we’re probably not saving … Read more
Ten years ago on May 1, 1975—“May Day” —The Vanguard Group of Investment Companies commenced operations. Surely Vanguard, a decade ago, was a new beginning in every sense of the phrase. Our challenge was to build … … Read more