Re: Vanguard and Morningstar
probably depends on when the 3 years starts and stops...end of the calendar year, end of the quarter, end of the month, up to today? One is doing it one way, the other is doing it differently.
Sales minus capital gains taxes, I forget what rate vanguard uses by default. Just an example if you're comparing two funds of which one was more tax efficient.
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.