This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The
A reasonable estimate based on dividend yields, potential earnings growth, and current P/E ratios suggests a 7% annual return forstocks over the next 10 years, says the Vanguard founder.
Vanguard founder and former chairman Jack Bogle says the catastrophic economic consequences of the current downtown have caused Main Street acute pain at the hands of WallStreet .
Headlines this week revealed a new nomination but an old hat at the Treasury, a new direction for an old-line grocer, and same-old, same-old at the ECB-- for now, anyway.
Target-date funds are a great fundamental idea, but confusion over asset allocation and investment choices dilutes the benefit to the average investor, says Vanguard founder Jack Bogle .