Many educational institutions try to duplicate the legendary Yale endowment model in their own investing. Why have Yale’s epic returns proved elusive? The first in a three-part series on the investing landscape for educational endowments.
Investors often try to escape market volatility with tactics that can backfire. A Vanguard target-date retirement fund (TDF) is designed to help investors ride out volatile markets instead of taking potential costly risks.
Rising yields got you singing the blues?
Categories: InvestmentsJohn 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.
New Fed chair, new challenge
Categories: Market & economicVanguard 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.
Buffett’s bet: The finale
Categories: InvestmentsWarren 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.
