If you’re looking for a low-cost way to invest in the stock market, you’ve probably come across the Vanguard Group. Vanguard is an investment management company that offers a range of investment products, including mutual funds, ETFs, and more. Two of their most popular investment options are VTSAX and VOO, but what exactly are these funds, and which one is right for you?
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Common Net Worth
If you’re curious about your financial health, one of the key metrics you’ll want to track is your net worth. In simple terms, your net worth is the difference between your assets (what you own) and your liabilities (what you owe). It’s a snapshot of your overall financial situation and can be a useful tool for setting financial goals and tracking progress.
Continue reading “Common Net Worth”What does ‘Underweight Stock’ mean
Are you a stock market newbie and confused about the term “underweight stock”? Don’t worry; you’re not alone! It’s a common term used in finance, and I am here to clear it up for you.
Continue reading “What does ‘Underweight Stock’ mean”Vanguard Sucks
Are you tired of hearing how great Vanguard is? Do you wonder why so many people praise this investment giant? Well, you’re not alone. Despite its popularity and reputation for low-cost index funds, Vanguard sucks in many ways. In this post, we’ll explore why Vanguard sucks, how it became a self-owned company, and what specific issues customers face when dealing with Vanguard.
Continue reading “Vanguard Sucks”The (book in the) 2020 letter from Warren Buffett to Berkshire Hathaway investors
I’ve already blogged about Buffet’s annual letters twice: in 2018 I wrote about a few quotes, and in 2019 I wrote about some lessons learned.
Now I have to confess that after some six or seven years of reading them they are getting a bit repetitive, although there is always something new. This year the new thing is some interesting idea Buffett shares from a quasi-obscure book from 1924 I had never heard about before: “Common stocks as Long Term Investments” by Edgar Lawrence Smith.
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