Signifyin(g)Monkey Posted January 17, 2019 Share Posted January 17, 2019 Vanguard and ETFs marked a historic development in finance, ushering in the ‘passive investing’ (or ‘index investing’) phenomenon, which made it easier for ordinary people to benefit from the gyrations of the stock market AND manage risk in a way that didn’t leave them open to losing everything in a crash, without putting their money in the hands of stock brokers and money managers that might not have their best interests in mind. In a time of massive inequality, this was a notable instance of a shift of power away from the traditional ‘ruling class’, at least in the context of financial markets. The ‘boglehead’ method of investing is about as close to a ‘blue collar’ or ‘everyman’ way of approaching finance as there is, and the democratization of finance is something we should all appreciate and be cheering for. (minus the fascists in our midst) Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted January 17, 2019 Share Posted January 17, 2019 I'll keep my mutual funds with a 1% expense ratio thank you very much. Quote Link to comment Share on other sites More sharing options...
Massdriver Posted January 17, 2019 Share Posted January 17, 2019 I owe this man a lot! RIP Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted January 17, 2019 Share Posted January 17, 2019 2 hours ago, b_m_b_m_b_m said: I'll keep my mutual funds with a 1% expense ratio thank you very much. lol Quote Link to comment Share on other sites More sharing options...
Chris- Posted January 17, 2019 Share Posted January 17, 2019 Let's share our index and ETF porfolios in his honor: - iShares DGRO Core Dividend Growth - iShares DVY Select Dividend - iShares HDV Core High Dividend - iShares IJH Core S&P Mid-Cap - iShares IJK S&P Mid-Cap 400 Growth - iShares ITOT S&P Total US Stock Market - iShares IVE S&P 500 Value - iShares OEF S&P 100 - iShares PFF S&P Preferred - Fidelity FCOM Communication Services - Fidelity FDLO Low Volatility - Fidelity FSTA Consumer Staples - Fidelity FTEC Information Technology Quote Link to comment Share on other sites More sharing options...
CayceG Posted January 17, 2019 Share Posted January 17, 2019 I only have these: Personal Investment: VFIAX Vanguard 500 Index Fund Admiral Shares Work Retirement Investment: VTRLX Vanguard Institutional Target Retirement 2050 Fund Quote Link to comment Share on other sites More sharing options...
Chris- Posted January 17, 2019 Share Posted January 17, 2019 24 minutes ago, CayceG said: I only have these: Personal Investment: VFIAX Vanguard 500 Index Fund Admiral Shares Work Retirement Investment: VTRLX Vanguard Institutional Target Retirement 2050 Fund I actually forgot I'm tied up in some Vanguard and TIAA-CREF funds through my 403b, but I'm far to lazy to look those up. Quote Link to comment Share on other sites More sharing options...
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