Marcretire
Dryer sheet aficionado
- Joined
- May 8, 2008
- Messages
- 32
I came across Dan Wiener's Vanguard newsletter from Aug/'08 in which he declared the previous 10 years the lost decade, making the point that those Bogleheads who invested their money in an S&P 500 index fund essentially lost all their gains from the past 10 years. He derided Vanguard's Bogle for preaching buying and holding an S&P 500 index fund for this reason and, of course, boasting about his own portfolios. In Aug/'08, the returns of Wiener's various portfolios were: Growth -11.5%; Conservative Growth: -9.8%; Income: -5.9% All are YTD. My question is for any Wiener subscribers is how did his portfolios perform for the entire year of '08. Does Wiener's fund picking beat the S&P making his newsletter a worthwhile purchase? Thanks.