Investing 101
A collection of 48 posts
Stocks Are Expensive. Now What?
MAILBAG | The CAPE ratio of stock valuations is flashing warning signs—but history shows it’s more useful for setting expectations than timing the market.
Give Now, Invest First, Decide Later
Vanguard’s Charitable Endowment Program lets you take a tax break today while investing for future donations—but once your money is in, how you invest it will determine how much you actually have to give.
Gold, Commodities and the 60/40 Portfolio
MAILBAG | A long-term look at returns, diversification and whether replacing bonds is worth the trouble.
How (and When) to Get Off the Sidelines
MAILBAG | Should you invest your lump sum today or average in over time? History versus human nature. What’s right?
You Can’t Outrun Taxes—But You Can Manage Them
ETFs and index funds don’t erase your tax bill; they just let you decide when to pay it. Here’s how distributions and timing shape what you actually take home.
The Risk That Hasn’t Paid: Currencies and Foreign Stock Funds
Over 35 years, taking on currency risk in foreign stock funds hasn’t paid. So why are most still unhedged?