Picking the right managers makes for a fine start--but it is not the end.
When Vanguard's Retirement Income Calculator Stopped Making Sense
It's the economy, stupid!
Jeremy Grantham broaches the subject.
The benefits (and limitations) of paying funds based on their performances.
Like it or not, the cost wars are coming.
But surely they beat having no plan at all.
The difficulty traditional funds have in satisfying two different groups of shareholders.
However, now Washington's assistance is required.
Their track records are misleading and shouldn't be published.
And two smaller positives, which need to be made larger yet for active management to regain its popularity.
At least this time, there is some consolation for the others.
Be different than the indexes--and execute, execute, execute!
Even if the vast majority of stocks will be poor investments, most equity portfolios will do just fine.
Conformity is comfortable--but not necessarily profitable.
Implications of the company’s decision to remove some of its active stock-fund managers.
Everybody gets it wrong sometimes—and most hang onto those errors, too.
The contrarian signal doesn’t translate well.
Getting out of the market is much easier than getting back in.
Not realizing when to hire professional help.
Morningstar data shows a persistent performance gap for fund investors, but DALBAR says the problem is much worse.
It can be difficult to invest by the rules, when life intrudes.
Morningstar's John Rekenthaler explains why he is comfortable with owning stocks, stocks, and more stocks.
Opportunities exist to be exploited, but they don't remain constant.
One year early, he celebrates winning his bet against hedge funds of funds.
Gloomsayers may not hurt the overall economy, but by playing into older people’s fears they can create plenty of misery.
It’s best to ignore their preconversion histories.
A (very) short history of investment legislation.
The arguments against the Department of Labor’s fiduciary rule grow ever stranger.
Yes, it can be profitable--but it sure is a hard way to make a living.
Don’t look to its government for the reasons.
For long-term investors, knowing higher math isn’t necessarily an advantage.
At some point, investors will stop looking at the bright side.
Corporate executives who huckster their stocks rather than run their businesses are a bigger concern than high-frequency trading.
Lessons from last year’s sales champions.
The SEC's acceptance of "clean shares" could usher in a simpler fund-pricing scheme.
Investors with smaller accounts who buy funds, stash them away, and then largely forget about them will be served well by T shares.
They performed well--but not well enough.
T shares won't immediately revolutionize the financial-advisory industry but will ultimately be a positive for investors.
It's difficult for mutual fund producers to lose a lawsuit, but it's a different story for corporate buyers.
Buyer beware when investment marketers give performance comparisons.
How the rest of the industry can compete against the Vanguard juggernaut.
There is a difference between appreciating that some investments require patience and praising the fault of intransigence.
These funds have confused investors from start to finish.
There are times—many times—in which bonds can be more dangerous than stocks.
Noncore funds have been used poorly for years, but there are signs of hope.
Non-core bonds can be prudent and profitable--but they are not for the unwary.
Accepting indexlike performance without having indexlike costs is not a winning hand.
Progress has not been their friend.
Removing the company from company-sponsored plans.
The present (and future) of the fund industry: Investors are no longer willing to rely on fund-industry assurances.