Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Vanguard Advisor Dan Wiener
Old 01-27-2004, 03:47 AM   #1
Thinks s/he gets paid by the post
DFW_M5's Avatar
Join Date: Sep 2003
Posts: 4,982
Vanguard Advisor Dan Wiener

Anyone tried the advice from this independent Vanguard advisor. Received his ad that refers to 5 best funds for 2004; claim how to make 18.1% a year for 10 years no matter what happens in market; states "why you should always use index funds except if you want to make money."

Is this snake oil or is there any value in this? Anyone know what he is actually recommending?


Doing things today that others won't, to do things tomorrow that others can't. Of course I'm referring to workouts, not robbing banks.
DFW_M5 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Vanguard Advisor Dan Wiener
Old 01-27-2004, 04:43 AM   #2
Posts: n/a
Re: Vanguard Advisor Dan Wiener

states "why you should always use index funds except if you want to make money."
He is correct. If you use index funds ; He won't make any money!

This is not just Snake Oil - It's the whole Snake

Read Larry Swedroe's book "What Wallstreet does not want you to know" - It will answer all your questions.
  Reply With Quote
Re: Vanguard Advisor Dan Wiener
Old 01-27-2004, 03:28 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,408
Re: Vanguard Advisor Dan Wiener

Even at eleven years into ER, I still average 3-4 or more per week of 'guru's' - deprepession, boom, gold, breakthru stocks to revolutionize something or other - and Mr. Dan's Vanguard Advisor lets me know at least several times a year he's ready to help me out.

unclemick is offline   Reply With Quote
Re: Vanguard Advisor Dan Wiener
Old 01-30-2004, 09:14 AM   #4
Full time employment: Posting here.
Join Date: Nov 2002
Posts: 768
Re: Vanguard Advisor Dan Wiener

I checked him out several years ago. If my aging memory recollects the data correctly (no guarantees) he switches from Vanguard fund to Vanguard fund according to which funds have done best recently. If you are seriously thinking of subscribing to a newlsetter for advice, it would be worth your while to make a trip to the library and read Mark Hulbert's ratings of newletter performance. Some have reasonable records, and some are terrible. You won't be able to tell which is which by reading the ads that arrive in the mail.
Michael is offline   Reply With Quote


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Opions on Vanguard recommendations yak651 Young Dreamers 13 04-03-2007 12:23 AM
Free Vanguard Plan - Opinions? Jeb-NY FIRE and Money 2 12-21-2006 04:17 PM
Rolling over my 401k to Vanguard WanderALot FIRE and Money 16 12-19-2006 02:07 PM
Fidelity vs. Vanguard getoutearly FIRE and Money 34 04-25-2006 09:11 AM
Fidelity vs vanguard customer service Roger_R FIRE and Money 9 07-01-2004 07:21 PM


All times are GMT -6. The time now is 03:41 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.