The notion—that every trade has two sides—is trivially true in financial markets. But it’s also a quite simple idea that offers us several lessons and, in my view, is a hallmark of investment sophistication.
Our recent webinar provides a line of sight to investors’ ETF knowledge and suggests bringing client conversations back to basics isn’t a bad idea.
The value of financial advice has always been much easier to describe than define. Fran Kinniry discusses the motivation behind quantifying the value of Vanguard Advisor’s Alpha in his new blog, estimating that it results in an “about 3%” increase in net returns.
Keeping clients on their chosen paths requires constant communication, one reason many advisors at this year’s Inside ETFs conference said they were exploring social media tools.
Twitter helps us spread our message, so I offer this blog, which highlights tweets from me and other Vanguard leaders during the conference, as an example of how to use social media to share ideas.
Is a portfolio with three U.S. equity index funds: a large-capitalization ETF plus a mid-cap and a small-cap ETF market-proportional?
You may be surprised to learn that the answer is no. The stock of restaurant chain Chipotle Mexican Grill helps illustrate why not.
Municipal bonds and emerging markets have not seen the same rally as U.S. stocks and may hold a greater risk premium, Vanguard Chief Economist Joe Davis says.
Why now may be a good time to counsel clients to stay the course.
Why the Fed taper isn’t the only thing investors should keep their eyes on.
The current employment rate really doesn’t truly represent the amount of slack in the economy, Chief Economist Joe Davis says.
There is belief that a lower correlation environment favors active investing strategies. Jim Rowley casts doubt on the notion with three key points.
Fran Kinniry puts into context comparisons drawn between the bond market sell-off in 2013 and 1994. The conclusion is that the recent sell-off was not nearly as bad headlines painted.
The Federal Reserve is going to be led by a remarkable economist, but Janet Yellen still faces challenges. Policy will evolve, says Vanguard Chief Economist Joe Davis.