I don’t think that the recent market rumblings are signaling the onset of a bear market. But stocks are richly priced, and we’re overdue for at least a 10% plunge in share prices, which typically occurs once or twice a year, shaking investors’ confidence.

Particularly i...

Virtually every reader who has called or e-mailed me in the past two years has talked about one or more of the following: Vanguard, indexing, low costs or Standard & Poor’s 500-stock index.

Don’t get me wrong. Investing in low-cost index funds, such as those offered by...

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