VIDEO ON MSN MONEY
There is no such thing as Never in investing. You always have to readdress what you are doing. Otherwise you could end up losing everything. Of course Bought and Paid for Money Managers will always state something Different.
Why the thumbs down to Dave's comment? He IS RIGHT, you know.
But maybe he's making a bad mistake, the mistake of being RIGHT!!!!
And besides, I've had my fill of bought and paid for money managers who write financial "advice" articles for MSN. Everybody knows these managers [shills for Wall St. and self-serving as hell], so I'm betting the thumbs down are so-called "money managers" themselves.
At least at Vanguard you know you'll get a fair deal on the fees, etc. Even Schwab, who we used to invest in, now offers ETFs similar to Vanguard, so as they say, "Imitation is the greatest form of flattery." Would rather have other management firms do this on their own, rather than recommending higher fee or front-load funds. It continues to amaze me that so many continue to buy and hold these higher-cost funds, while 66% of the managers do worse than the S&P 500!
what a totally contaminated and unethical "article" focusing only on Vanguard. More of an infomercial than real news. you only get crap like this on MSN Money. Large companies coming out of a Bush recession gobble up the smaller to medium-sized companies and large companies also benefit from the Socialist regime we now have thanks to the GOP overspending for 35 years on a larger government and military. With $18 trillion in debt to erase, the little guy will get slaughtered if we go with anything but a long and slow recovery. That is why Obama has been so successful. I highly recommend a blue chip ETF that pays dividends; it is ticker SCHD (Charles Schwab High Dividend ETF) that tracks the S&P 500. If you want to gamble, try BX or Blackstone, the most undervalued financial services stock in the world set to go higher as M & A activity and economic growth increase. Believe because this market is going higher.
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