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 of [...]
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
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 to [...]
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 is the [...]
The Investment Company Institute (ICI) published a paper today entitled Retirement Saving in Wake of Financial Market Volatility (pdf), summarizing results from two surveys they conducted in the past few months. According to these reports, most defined-contribution plan (401(k)) participants have “stayed the course” through these tumultuous times and haven’t unusually reacted to current market [...]
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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 [...]