They were one of the original mutual fund and ETF companies to lower fees, and they continually advocate a low -
fee index fund approach to investing.
I don't own any actively managed funds right now, have taken the
simple index fund approach in all of our accounts — I may explore them when I have more time
This takes a
standard index fund approach, but quantifies the relative risks in the assets and rebalances passively across time so that the portfolio manages the outsized equity risk that inherently exists in a portfolio.
So Vanguard, Buffett, and those of us who follow the low -
cost index fund approach are on the same page when it comes to stock funds.
In the article, Robert A. Olstein, insulted by the arguments in favor of index funds, claims that
the index fund approach is a reach for mediocrity.
That's why I prefer
an index fund approach.
I have sorted some more things out with regard to investing and I am sold on
the Index fund approach.
Personally, I tend to like
the index fund approach.