When Vanguard merged Treasury Money Market into Admiral Treasury Money Market, it didn't say what that meant for small investors. Dan Wiener comments. More...
Dan Wiener has long used rolling returns to assess long-term fund performance. After the latest bear market, fund managers are starting to talk about them, too. Dan weighs in on the debate. More...
Is Vanguard really going to buy the iShares family of ETFs from Barclays? Dan doesn't think it's likely. More...
Of 200 newsletters The Independent Adviser for Vanguard Investors is one of seven publications to consistently provide better market timing advice in bear markets. More...
Dan Wiener discusses cost-cutting practices and disclosure at mutual fund companies with other members of the Forbes Intelligent Investing Panel. More...
Dan Wiener discusses the impact of social media on investment choices with other members of the Forbes Intelligent Investing Panel. More...
Dan Wiener joins the Forbes Intelligent Investing panel for a discussion regarding Timothy Geithner's Public Private Investment Partnerships and whether or not they'd consider investing in these securities. More...
Dan Wiener shares his thoughts on the current rally and the prospects for a sustained recovery with Charles Nenner, professor of Touro College, and Bob Pisani of CNBC. More...
Dan Wiener discusses the proposed reintstatement of the uptick rule with other members of the Forbes Intelligent Investing Panel. More...
Sell. This fund of funds tracks the Morgan Stanley EAFE index by investing in European Index (currently about 70% of assets) and Pacific Index (the remaining 30%). It's similar to Tax-Managed International, which tracks the same index, though that fund buys stocks directly and comes with a higher minimum and more onerous back-end loads. Performance for the two has been virtually identical. Yet both ignore the emerging markets component that one finds in Total International or World ex-U.S. Index. And there's the rub. If you buy into the indexers' credo that one should index "all" markets rather than a slice of the pie, then this fund is a non-starter.
| Models | October | Year to Date |
| Growth | -2.4% | 23.0% |
| Conservative Growth | -2.1% | 19.1% |
| Income | -0.4% | 16.5% |
| Growth Index | -2.7% | 22.5% |
| The average Vanguard investor |
-1.3% | 13.8% |
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