Then why does Vanguard offer actively traded funds?
I'm not trying to start anything, I just finished watching an PBS documentary where Mr. Bogle was one of the many interviewed and he repeats his philosophy of low cost index funds as being the safest way to amass wealth. Then why offer actively traded funds? What is the philosophy there?
I am eyeing two actively managed funds my husband's employer just started offering in his 401K and want to make sure he knows what he's doing if he's going to start investing in them.
Thanks.
I'm not trying to start anything, I just finished watching an PBS documentary where Mr. Bogle was one of the many interviewed and he repeats his philosophy of low cost index funds as being the safest way to amass wealth. Then why offer actively traded funds? What is the philosophy there?
I am eyeing two actively managed funds my husband's employer just started offering in his 401K and want to make sure he knows what he's doing if he's going to start investing in them.
Thanks.