Mon, 21 Apr 2014
The tactical message continues to resonate through equity market rally.
Investors should keep tabs on a few key indicators as Vanguard switches the benchmarks for 22 of its index funds.
The switch from MSCI to FTSE and CRSP indexes for 22 Vanguard funds is all about three things, says Vanguard principal Joel Dickson: cost, cost, cost.
Vanguard principal and ETF strategist Joel Dickson responds to worries that increased passive investing has led to more market volatility and that ETFs cause investors to gamble with their portfolios.
There is effectively zero correlation over long periods of time between a country's GDP growth and stock market returns, according to Vanguard chief economist Joe Davis.
Although investors may remain broadly skeptical of equity markets, asset flow data suggest they could be taking more risk than expected in other asset classes.
The Vanguard founder expects muted returns of less than 5% for stocks and 0% for bonds after inflation.
The Vanguard founder says the kind of returns we've gotten in the past are not going to happen--period.
The Vanguard founder touches on why fund investors need to closely monitor expense ratios, portfolio turnover, and manager independence, among other things.
27 plans earn medals from Morningstar analysts.
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