The Independent Vanguard Adviser

The Independent Vanguard Adviser

Latest — Mar 29, 2023

Hidden Stumbling Blocks

Hello, this is Jeff DeMaso with the IVA Weekly Brief for Wednesday, March 29. There are no changes recommended for any of our Portfolios. As I reflect on the first quarter, I’m reminded that the risks that trip up the markets tend to be the ones investors (and traders)

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Balancing Your Portfolio | Core Taxable Bond Funds

Vanguard’s bond managers don’t get the recognition they deserve. And though Treasury bonds are looking better than they have in a long time, Vanguard’s actively managed corporate-heavy bond funds remain my top picks for the core of your balanced portfolio.

Passing The Dividend Torch

Don Kilbride’s era at Dividend Growth (VDIGX) is coming to an end. At the end of this year, Kilbride will step away from his duties as Dividend Growth’s portfolio manager and hand the reins to his current co-manager, Peter Fisher. Fisher has some big shoes to fill.

Nearing the End of This Cycle

Hello, this is Jeff DeMaso with the IVA Weekly Brief for Wednesday, March 22. There are no changes recommended for any of our Portfolios. Last week, I talked in depth about the bank runs that took down Silicon Valley Bank and Signature Bank. With UBS agreeing to take over Credit

Give Bonds Time

Yes, rising interest rates knocked the stuffing out of bonds last year. But, if given time, bonds will recover. More than that, today's higher interest rates are a good thing for bond investors. It's inflation the fixed-income investor should fear.

Are You Farming Your Portfolio Correctly?

Losses can be profitable … if you know how to “harvest” those losses to maximum effect. Most investors don’t do so correctly, and Vanguard, among others, is pushing an automated strategy to correct for it. I think caution is warranted. What got me thinking about this was an article Vanguard

Money Life with Chuck Jaffe: A "Quick and Dirty" Look at Vanguard Funds

If you're looking for a 20-minute diversion this weekend, I recently had the pleasure of participating in the Money Life with Chuck Jaffe podcast. You can find my segment below. The full March 10 episode is available on the moneylifeshow.com website. We discussed my approach to investing and manager

Don’t Rush for the Exit

Hello, this is Jeff DeMaso with the IVA Weekly Brief for Wednesday, March 15. There are no changes recommended for any of our Portfolios. This week’s Weekly Brief runs longer than normal, but there is a lot to unpack given the recent bank failures and market volatility. Is My

Bond Funds Own Bonds

Have you ever wondered whether it's better to buy your own bonds or to invest in a bond mutual fund? Are you unsure whether you should be buying a taxable and a tax-free bond fund? This week, I'll help you answer those questions.

Fed’s Finger on the Button

Hello, this is Jeff DeMaso with the IVA Weekly Brief for Wednesday, March 8. There are no changes recommended for any of our Portfolios. Higher Rates = Lower Stock Prices Fed Chair Jerome Powell has been on Capitol Hill the past two days. Here’s what he had to say: The