Monday, March 29, 2010

Old Fashioned Investment Advice

A very good article on John Bogle-Vanguard founder in LA Times. His homespun credo- diversify, watch taxes and costs, don't waver. Simple enough and matches what we have preached for 28 years. It all comes down to behavior. We want to micro-manage, out-guess, follow short term trends etc. that take us off the proper path. A good read for uncertain times.