Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Vanguard US Growth Fund.........
Old 08-05-2008, 08:41 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Vanguard US Growth Fund.........

Critics seize upon Vanguard's handling of U.S. Growth Fund - InvestmentNews

Not earthshattering news, except the part where John Brennan chastised an unhappy INVESTOR who questioned Brennan recommending the fund despite the fact it hasn't done anything for 10 years.

That seems VERY arrogant..........
__________________

__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude 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 Early-Retirement.org 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!

Old 08-05-2008, 08:48 AM   #2
Thinks s/he gets paid by the post
 
Join Date: Jan 2008
Posts: 2,020
Having an index fund means never having a fund manager yell at you.
__________________

__________________
Marquette is offline   Reply With Quote
Old 08-05-2008, 08:53 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Quote:
Originally Posted by Marquette View Post
Having an index fund means never having a fund manager yell at you.
But he did, and that's BS............

Yeah, 10 years at -3.0% a year, where do I sign up??
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 08-05-2008, 08:53 AM   #4
Full time employment: Posting here.
CitricAcid's Avatar
 
Join Date: May 2008
Posts: 546
Chasing high returns again. It's not that I don't care about returns at all (which I think is the most obvious statement ever), it's just that understanding the risk and realizing that some funds will underperform and others won't when they aren't index funds. Also, it's always easy to pick on something that is down, maybe this just means it is cheaper! (not a recommendation per se)
__________________
CitricAcid is offline   Reply With Quote
Old 08-05-2008, 08:58 AM   #5
Thinks s/he gets paid by the post
 
Join Date: Jan 2008
Posts: 2,020
Quote:
Originally Posted by FinanceDude View Post
But he did, and that's BS............

Yeah, 10 years at -3.0% a year, where do I sign up??
I don't see how having AllianceBernstein manage your fund makes it an index fund... sounds like an actively managed one to me.

No wonder it did so poorly, being actively managed and all.
__________________
Marquette is offline   Reply With Quote
Old 08-05-2008, 09:20 AM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Quote:
Originally Posted by Marquette View Post
I don't see how having AllianceBernstein manage your fund makes it an index fund... sounds like an actively managed one to me.
Yeah, that is funny. Maybe Vanguard knows something no one else does? Interesting that they are replacing the manager who is retiring with his proteges, who no doubt will continue the awesome performance......

There's plenty of actively managed funds doing well............
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 08-05-2008, 09:20 AM   #7
Full time employment: Posting here.
 
Join Date: Oct 2003
Posts: 961
Just goes to show that even though an actively managed fund has low costs doesn't mean it will have good returns.
__________________
ats5g is offline   Reply With Quote
Old 08-05-2008, 09:26 AM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Quote:
Originally Posted by ats5g View Post
Just goes to show that even though an actively managed fund has low costs doesn't mean it will have good returns.
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 08-05-2008, 08:18 PM   #9
Recycles dryer sheets
 
Join Date: Jan 2006
Posts: 189
Adam Bold of the Mutual Fund Store was trash talking this fund on his radio show last Saturday, like a shark to bloody water
__________________
Dude is offline   Reply With Quote
Old 08-05-2008, 11:26 PM   #10
Full time employment: Posting here.
ProspectiveBum's Avatar
 
Join Date: Sep 2006
Location: SoCal
Posts: 667
Vanguard US Growth was my first after-tax mutual fund purchase, shortly after 9/11. Watching it languish while the market was taking off has largely put me off managed funds. I liquidated it and have been sitting on the cash for a while, waiting to get back into the market. Might try Vanguard's Total Stock Market fund this time.
__________________

__________________
I can't complain, but sometimes I still do.
- Joe Walsh
ProspectiveBum is offline   Reply With Quote
Reply


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
Vanguard S&P 500 dividend growth FIRE'd@51 FIRE and Money 2 12-26-2006 10:56 AM
New Vanguard Fund REWahoo FIRE and Money 5 11-16-2006 02:56 PM
Vanguard Fund Recommendation cube_rat FIRE and Money 19 08-20-2006 10:05 PM
Vanguard Fund Actions REWahoo FIRE and Money 1 04-20-2006 03:36 PM
A growth fund........ roger FIRE and Money 2 04-24-2004 04:10 PM

 

 
All times are GMT -6. The time now is 09:14 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.