December 5, 2016

Vanguard Fires Chartwell Investment Partners

This past weekend marked 15 years since the September 11 terrorist attack. While the weekend was best spent reflecting on those events and appreciating the friends and loved-ones and freedoms that we sometimes take for granted, there is also an important investment lesson we can all learn from the event: Market timing doesn't work. Read More »

December 2016 PDF

Trump Triumph Turns Tables

The consensus in the 2016 presidential election was that Clinton would win, and if Trump somehow beat her, the markets would tumble. Wrong on both counts. I often say market timing is impossible because you have to be right twice—knowing both when to sell and when to buy—but there is another wrinkle to consider: Even if you predict an event's outcome correctly (like who will win an election), you also have to know how markets will react. I'm not about to abandon my simple principles of staying diversified and focusing on the long term, which I follow by partnering with the best managers at rock-bottom prices and spending time in the markets—they have served us well over the past quarter century. Read More »

December 1, 2016

Total Bond's Third-Worst Month

The economy posted some pretty nice growth in the third quarter, according to the updated estimates from the BEA. GDP apparently rose at a 3.2% rate, better than the first estimate of 2.9%, and if it holds into the final report, it will make Q3 the best quarter in two years. Profit growth was also strong, even after taxes, with a 7.6% gain in the quarter and the first year-over-year profit gain since the first quarter of 2015. Read More »

Most Recent Forum Threads
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Re: Vanguard Health Care

StevenFromTexas (12-07-2016) wrote: Whoops, it doesn't appear that Donald Trump is going to give free rein to health care to stick it to everyone, including the taxpayers. If anyone likes to buy stuff "on sale", today's a good day to do so. But watch out for the clearance rack . .... Read More »


Re: Help with Newletter Renewal

StevenFromTexas (12-07-2016) wrote: mf102 Wrote: ------------------------------------------------------- > $257. > Now that is a new number!! They must have > acquired a new random number generator :-) > > nero Yeah, I've also never seen that one before. Read More »


OT: "A Day That Will Live in Infamy"

butwait (12-07-2016) wrote: 75th Anniversary of the Attack on Pearl Harbor Pearl Harbor attacked was surprise military strike by the Imperial Japanese Navy against the United States naval base at Pearl Harbor, Hawaii Territory, on the morning of December 7, 1941. The attack led to the United States' entry into World War II. The... Read More »

Guidebook 2017 cover
Order your copy of the 2017 Independent Guide to the Vanguard Funds today

"America's leading expert on investing in Vanguard funds"

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 Independent 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. View More »

Vanguard Funds Correlation
What's This?
Model Portfolio Performance
Models November YTD
Growth 4.2% 8.0%
Conservative Growth 3.9% 8.1%
Income 1.2% 5.4%
Growth Index 4.0% 10.3%
The average
Vanguard investor
1.3% 6.1%
Past Performance »