Should I Buy Facebook Stock?

Imagine a room packed with people who have gathered to hear an advisor discuss the many benefits of index fund investing. The talk includes long-term planning, creating an appropriate asset allocation, and the selection of low-cost index funds and ETFs. Then a hand goes up in the audience and a voice asks “What do you [...]

Wiki’s In-depth Vanguard Data

Where do you get hard to find information about Vanguard mutual funds? The firm’s website is a good place to start. If that doesn’t work, try the Bogleheads’ Wiki. It’s an in-depth collaborative project by volunteers of the Bogleheads.org community. The site covers all things Vanguard, as well as a diverse menu of personal financial [...]

10 Things We Could Use Less Of

We are fortunate to live in a free country that has prospered. We have a lot of stuff because of this. However, sometimes there is too much stuff, and that has unintended consequences. Here is a list of 10 things we would be better off not having as much of: 10.          Traffic: Cities with the [...]

Good Companies Make Mediocre Stocks

The classic answer to the classic question about how to select stocks for the long run is to “buy good companies at an attractive price and keep them as long as the company is managed well.” Good luck with that. It doesn’t work as advertised. For better results, buy a total stock market index fund. [...]

One ETF Firm Hints at 12b-1 Fees

Exchange-traded funds are not required to pay brokerage firms a 12-b1 fee to be held in an account, but one ETF company appears to be preparing for this. As the number of ETFs expands and marketing expenses rise, brokerage firms are stepping up pressure on ETF companies to pay them 12b-1 fees. In response, SSgA [...]