Yay Vanguard!

[sabrinamari]

Next week, I'm going to do a post on Wiccans and spending inspired by bohemianeditor and I will walk you through starting a great IRA online all by yourself.

I'm going to recommend that you do so with Vanguard, although I will provide links to a number of other good options, too.

Look at the short paragraph below and you will see why I suggest starting with Vanguard funds. Interestingly, quite a few of my financially strategic Pagan friends already have Vanguard accounts (although this alone is not a good enough reason for you to do it, too!):

catpaw67, elphaba_of_oz, glenmarshall (I think), shades_of_nyx, and seedmoon have all taken advantage of Vanguard's low, low costs and great long-term indexing options.

Oh, and me and my brother, somacandra and my honey mage_imbroglio.

I love Vanguard. They are da bomb.

******

January 15, 2008

Forbes "Best Buys" list honors Vanguard funds
More than three dozen Vanguard® mutual funds and exchange-traded funds (ETFs) appear on the latest Forbes "Best Buys" list—almost a third of the 113 funds on the list and by far the most of any fund family. Vanguard funds appeared in 17 of the magazine's 24 categories, swept the index fund category, and dominated the bond and ETF categories.


Funds on the list "combine good risk-adjusted six-year returns and low expenses (loads, overhead, and portfolio trading costs)," Forbes' editors wrote.

"We're pleased to remain ahead of the competition in Forbes' fund ranking," said Joseph Brennan, who heads Vanguard's Portfolio Review Department. "Vanguard funds have been able to boast a long-term track record of strong performance relative to our competitors thanks to our significant expense advantage and the shareholder-focused efforts of our investment managers. It's gratifying to see this record recognized by Forbes, just as it was by Money magazine a few days ago."

You can read the full report—including a detailed explanation of the ranking criteria—in Forbes' January 28, 2008, edition or on Forbes.com.

Comments

[sabrinamari.livejournal.com]

Sorry, that reply was me. :)