Mutual fund investors can improve their returns by focusing on the costs of running individual funds, says former Vanguard Investments Chairman John C. Bogle. “Costs clearly differentiate the superior performers from the inferior performers,” he writes. Bogle showed that costs matter in his newest book, “The Battle for the Soul of Capitalism” (Yale University Press, 2006). He did a study […]
Month: August 2006
The baby boom retirement wave may not punish the stock market
The largest generation in U.S. history is getting ready to retire, prompting dire predictions of a stock market bust. Some market observers worry that baby boomers will sell off large amounts of financial assets to fund their retirements, while smaller generations that follow the boomers will not be able to purchase those assets. The scariest predictions say the sell-off will […]
