Bogleheads

are the followers of Jack Bogle, Vanguard’s founder. This cult for the good of investors first surfaced in 1998 when Morningstar established the Vanguard Diehards Forum. One day in 2001 it received 100,000 postings, the most postings ever received by any Morningstar...

Ups and Downs

We tend to pay more attention when the market drops than when it rises and it can make us nervous. Below are three charts that help to put market volatility, the ups and downs, into perspective. This first chart shows how relatively common market declines are and...

Lessons from Nepal

Good friends traveled to Nepal to hike the Annapurna Circuit and, while talking about their experience, I couldn’t help but see the similarities between trekking and, you guessed it, saving and investing. Their story: “Trekking in the Himalayas in Nepal is an...

Should have, could have…

the things we say when we realize we’ve made a poor decision. Daniel Gilbert, Harvard professor of psychology, told Shankar Vedantam of Hidden Brain that 15 years of research hasn’t uncovered a way to improve our decision-making skills. Why not? He cites three...

The Right Stuff

We’ve been celebrating the 50th anniversary of Apollo 11’s moon landing and one interview caught my attention. In 1988, Terry Gross of Fresh Air interviewed Brigadier General Chuck Yeager, the World War II fighter pilot who became the first pilot to break the sound...