On Monday, Vanguard’s Investment Strategy Group released their monthly economic and market update. • Vanguard expects 7% GDP growth for the full year 2021 • Inflation is expected to peak this year and decline in 2022 • Interest rates for the 10Y are expected to rise late 2022 reaching 3% in 2024/5 Vanguard’s team noted […] Read the full article…
In our last article, we discussed the views of Howard Marks, Co-Chairman of Oaktree Capital. Howard expressed the view that low interest rates have driven down future return expectations across all asset classes. Today, I’d like to summarize the view from the Vanguard Group, including their forecasts for returns to various asset classes over the […] Read the full article…
With this final part 3 we will explore three topics. We’ll look at tax costs of the fund, the management of the fund and premium analysis available at Morningstar. Taxes So far, we have reviewed fund performance and risk on a pre-tax basis. If you plan on holding a fund in a taxable account the […] Read the full article…
In part one of this series we reviewed the basic composition of the Vanguard Health Care Mutual Fund (ticker VGHAX) using Morningstar’s website. In this article, we will look at details related to the fundamentals of the fund as well as performance of the fund relative to benchmarks. Before moving on, I wanted to highlight […] Read the full article…
Morningstar is research firm that provides data and analysis on a wide range of investments including individual stocks, mutual funds and exchange traded funds. Morningstar serves retail clients as well as investment professionals. In this three part series, I want to provide investors with an educational review and critique of data available from Morningstar. My […] Read the full article…