
Wednesday's durable goods news was not good as orders declined 1.0% in June. Later in the day the Fed's beige book survey concluded that the economic expansion has "stalled" in some parts of the country but that overall we're still in slow-growth mode. More...
GNMA Revisited
jerryg 2010-07-29 23:26:13
I followed DW's recommendation and moved back into GNMA. So far so good. Just wondered if others also followed or perhaps they never left.
Testing reverse threading
Administrator 2010-07-28 17:36:18
Testing reverse threading
How the Red Flags and "New" Tags in the Forum Work
Administrator 2010-07-28 17:30:02
Once you've logged in to the Forum, you may see red flags next to some threads. These flags signify either that you have not read More...
It's that time of year when our mailboxes (both postal and email) are filling with semiannual reports from a multitude of Vanguard's funds and managers. I thought you'd find some of their comments enlightening and encouraging. On the whole, I'd say cautious optimism is the theme that runs through these reports. Read this month's issue to get a sampling, along with my opinions and recommendations. Also, read how converting to a Roth IRA is one of the best deals I think you can make for your retirement future. But you have to do it this year. Plus I have an interview with Edward Hocknell, a member of Baillie Gifford's investment policy committee. You will be pleasantly surprised by how optimistic he is and why. More...
Today's announcement that Vanguard plans to offer exchange-traded funds, or ETFs, on a series of Russell and S&P indexes, including the S&P 500, is an in-your-face challenge to the dominance of Barclay's iShares unit. This is a marketing move, plain and simple. More...
Daniel P. Wiener is editor of The Independent Adviser for Vanguard Investors, a monthly newsletter that keeps abreast of recent developments at Vanguard, and the annual FFSA Indepedent Guide to the Vanguard Funds. Through his newsletter and guide book, Dan helps tens of thousands of Vanguard investors choose wisely among more than 100 Vanguard mutual funds. The Adviser is a five-time winner of the Newsletter Publishers Foundation's Editorial Excellence Award. More...

| Models | June | YTD |
| Growth | -5.0% | -6.8% |
| Conservative Growth | -4.1% | -5.5% |
| Income | -1.4% | -1.1% |
| Growth Index | -4.9% | -4.8% |
| The average Vanguard investor |
-2.1% | -2.7% |
