Advice from legendary Vanguard founder John Bogle for the middle class investor:
- Beware of bullish market forecasting
- Importance of asset allocation, and bond allocation based on age
- Be wary of mutual funds with short superior performance
- Low cost Index funds outperform actively managed funds
- Be wary of alternative commodity asset classes
- Be wary of financial innovation
http://online.wsj.com/article/SB123137479520962869.html
We do not assume liability or responsibility for any losses that may derive from or allege to derive from, directly or indirectly, by use of information on this site or the information contained on the linked websites. The information on this site and linked sites are used for informational purposes only and are not meant to be a substitute for professional advice.
© 2008 Michael Hepner Hani Sarji The Personal Finance Lifeline Blog
No comments:
Post a Comment