Investors certainly had their share of discouraging economic news in 2012—a continued tepid recovery here in the United States, along with the “fiscal cliff,” ongoing travails within the Eurozone, and a slowdown in several key emerging markets, notably the so-called BRIC countries (Brazil, Russia, India, and China). [Read more…]
With the Federal Reserve recently announcing its intention to continue holding short‑term interest rates at or below 0.25% through mid-2015, while also launching an open‑ended, third round of bond purchases (also known as quantitative easing) aimed at lowering longer‑term rates, the prospect of higher rates appears to have been deferred for the time being. [Read more…]
While there’s no shortage of global economic headlines grabbing investors’ attention these days, tax policy here in the United States is shaping up to figure more prominently the closer we get to November’s general election. [Read more…]
We’re happy to inform you that as a result of recent policy changes at Vanguard, our clients will now qualify for a lower-cost share class for many of their mutual funds. [Read more…]
“More money has been lost reaching for yield than at the point of a gun.” —Raymond DeVoe, Jr.
While low interest rates have almost certainly helped stabilize the economy and boost asset values—and been a boon to those able to refinance their mortgages and other debt—they nevertheless present a challenge to investors. [Read more…]