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Marquette · 06-30-2008, 10:47 AM

I'm sorry, I'm too lazy to actually put any love and research into this post.

Two bond funds that were investing in highly-rated issues. One an index fund by Vanguard. One a managed fund by Fidelity(?) CDO collapses and fund investors found out that the managed fund was trying to juice returns just a little bit by adding junk.

There can be problems with paying people to overthink too.

In spite of that, I carry Dodge and Cox for US large-cap and DFA for international in my 401(k). I sleep pretty good at night.

06-30-2008, 10:47 AM	#38
Marquette Thinks s/he gets paid by the post Join Date: Jan 2008 Posts: 2,020	I'm sorry, I'm too lazy to actually put any love and research into this post. Two bond funds that were investing in highly-rated issues. One an index fund by Vanguard. One a managed fund by Fidelity(?) CDO collapses and fund investors found out that the managed fund was trying to juice returns just a little bit by adding junk. There can be problems with paying people to overthink too. In spite of that, I carry Dodge and Cox for US large-cap and DFA for international in my 401(k). I sleep pretty good at night.