Rules to Investing

The founder of Vanguard spoke of 8 Rules of Investing that are worth remembering:

  • Select low-cost funds
  • Consider carefully the added costs of advice
  • Do not overrate past fund performance
  • Use past performance to determine consistency and risk
  • Beware of stars (as in, star mutual fund managers)
  • Beware of asset size
  • Don’t own too many funds
  • Buy your fund portfolio – and hold it
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