Jeff DeMaso
540 posts
Out of the Oven
Vanguard has decided that after 15 months in the oven, Multi-Sector Income (VMSIX and VMSAX) is ready to eat. Vanguard seeded the global income fund with $25 million when they launched it in October 2021 but didn’t allow outside investors to participate—until now. Yesterday, I was scratching my
Big Tech in The Crosshairs
Dept. of Justice sues Google | Municipal money market yield update | Mutli-Sector Income's special distribution
Weathering Government Shutdowns
With the U.S. government’s finances bumping up against the debt ceiling, I’m (not surprisingly) hearing from concerned investors on both sides of the political aisle asking what this means for our investments. First, we’ve been here before. And it’s important to recognized that we’ve
Vanguard’s Service Still Stagnant
The 60/40 portfolio lives | Inflation check-in | Vanguard service issues | Beware phishing attempts
Big Index Fund Fails?
The Morningstar headline grabbed me. “Why Are These Big Index Funds Underperforming?” By definition index funds, if they’re doing their jobs properly, don’t outperform or underperform. They simply match their benchmarks less a bit for their expenses. Generally, when talking about outperformance or underperformance it’s active funds