John Hollyer, global head of Vanguard Fixed Income Group, discusses the recent rise in bond yields and what that’s meant for Vanguard’s bond funds. Mr. Hollyer says investors should center their long-term return expectations on the yields they are getting today.
Vanguard Chief Economist Joe Davis sees Powell facing a new communication challenge—making clear that market conditions warrant higher rates, but not too much higher.
When evaluating TDFs, plan sponsors and consultants would do well to look beyond a single point in time. Vanguard’s holistic approach to TDF design includes a glide path that’s designed to support an investor’s journey from early career through retirement. This approach is not purely a portfolio optimization exercise at each stage of the life cycle, but rather the culmination of years of experience in helping investors reach their investment goals.
The demographic changes occurring in the United States will not have a negative impact on future stock returns. The clearest path to financial success is still an investment strategy focused on discipline, diversification, and patience.
Insurance companies typically describe their investments as conservative, a stance that’s encouraged by industry regulation. But what does it mean to be conservative? Vanguard Investment Strategist Daniel Wallick explores the idea.
While “active or passive?” is a popular debate, using a combination of active and passive strategies can limit risk and help nudge performance higher.
Vanguard Chief Economist Joe Davis sees a decent probability that Bitcoin’s price goes to zero.
Warren Buffett’s prize for winning the bet—a charitable contribution—was a reminder that investing is not simply a battle of wits waged in the capital markets. It’s an undertaking that can improve our own and others’ lives.
The prospect of rising interest rates has some pension sponsors concerned about the limited supply of long-term corporate bonds. Vanguard Lead Investment Actuary Brett Dutton explains why such concerns need not translate to immediate action.
If you’ve ever run a marathon, you know the hardest part is the dedication it takes to get to the starting line. The same can be said of nonprofits wanting to build a private equity program.
Visit institutional.vanguard.com to obtain a prospectus or, if available, a summary prospectus, which contains investment objectives, risks, charges, expenses, and other information; read and consider it carefully before investing.
Investments in bond funds are subject to interest rate, credit, and inflation risk.
Diversification does not ensure a profit or protect against a loss.
Foreign investing involves additional risks including currency fluctuations and political uncertainty.
Stocks of companies in emerging markets are generally more risky than stocks of companies in developed countries.
All investing is subject to risk, including the possible loss of the money you invest.
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