For retirees with little in the bank, it’s possible to suspend Social Security benefits and go back to work. Hire a planner to figure out your options.
While index funds may be dubbed passive, however, managing one can still involve a lot of finicky work for O’Reilly and the U.S. equity team of 10 “crew members” — the company is suffused with nautical terms and paraphernalia, a legacy of Bogle naming Vanguard after an 18th century vessel. “There are times when it’s a little stressful,” the fund manager says.
Some critics say index funds like Vanguard’s distort markets, but the bigger concern is boardroom power accumulating in Malvern, thanks to the company’s expanding stakes in almost every major U.S. company. Last year, even Vanguard’s founder acknowledged the conundrum. “It’s a serious issue, and everyone that says it isn’t, isn’t telling the truth,” Bogle told the Financial Times.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: Cosmopolitan - 🏆 725. / 51 Read more »