As mentioned in the previous post (and Preet Banerjee’s post to which it links), there is a possibility that redemptions in the Vanguard index funds may have adverse tax consequences for Vanguard ETFs (which are special share classes of the index funds). Vanguard says this is only a hypothetical situation ...

The tax efficiency of Vanguard exchange traded funds (ETFs) may be different than other ETFs. That’s because they are actually a special share class of Vanguard’s Index Mutual Funds, as Preet Banerjee notes on his wheredoesallmymoneygo.com blog.

The first quarter was a roller coaster ride for the One-Minute Portfolio but as of March 31 it was up 6% (since rebalancing in mid-December). If we tack on stock market gains recorded in the first half of April, the OMP is up  a bit more.

Passive index investing may have lost some of its luster during the bear market of 2008. It seems proponents may have focused too much on relative returns and not enough on volatility and absolute returns.

How should children be taught the virtues of saving and investing? What I often see is parents purchasing shares in one or two companies making things children know and enjoy -– such as Disney or Nike. That will supposedly capture their interest and generate discussions around the dinner table. I also ...

Another financial advisor has inveighed against do-it-yourself (DIY) investing. First, it was Avner Mandelman; now it’s David West. What they argue may perhaps be true of DIYers with an active approach, but not so for the growing ranks of DIYers with a passive indexing approach.