When it comes to mutual fund investing, I learned a long time ago to stick with using only index funds instead of managed funds. I invest in those index funds through The Vanguard Group as a personal preference because of their low fees, large choice of index funds, and their ownership structure. So, I don’t [...]
mutual funds
Money Market Fund Reform
The Securities and Exchange Commission (SEC) just adopted new rules to their oversight of money market funds — revisions that include increasing credit quality, improving liquidity, shortening maturity limits, and requiring the disclosure of a fund’s actual “mark-to-market” net asset value, known as a “shadow NAV,” on a delayed basis. This SEC action grows out [...]
The Business of Investing
How the fund industry can improve and how investors can help themselves. What should the business of investing be all about, according to John Bogle via a Morningstar interview – Compound Interest Financial Calculator
Improving After-Tax Returns
The Vanguard Group just posted a new video on their YouTube site: How to improve your after-tax returns. You can watch it below. Learn the benefits of tax-efficient investing in this Vanguard® Plain Talk on Investing™ video. Joel Dickson of Vanguard’s Quantitative Equity Group explains how you can help your bottom line by maximizing contributions [...]
The Wisdom of John Bogle
John (Jack) Bogle, The Vanguard Group founder and index fund guru is this week’s guest on Intelligent Investing with Steve Forbes. Steve Forbes introduces Mr. Bogle much better than I could manage, so I’ll defer to his description of this video interview of every individual investor’s greatest ally: One thing that Jack and I share [...]
Bill Miller Revisited
Now that they’re more bulls in the stock market than there are in Pamplona, I thought I would see what’s going on with Bill Miller, the legendary value investor and recent pariah of the mutual fund world. One can’t fully dismiss a lifetime of exemplary performance based upon a handful of poor choices, including Freddie [...]