I've spent a good portion of my waking hours over the past 25 years studying mutual funds both as a writer for Kiplinger's and for the past 10 years as an investment advisor. I find investing endlessly fascinating. But if you don't enjoy poring over mutual fund statistics, and you don't want to pay an advisor to do the heavy lifting for you, this article gives you all the information you need to implement and maintain a first-class investment plan.
The key is leaning on Vanguard index funds. Rather than trying to beat a market benchmark, index funds strive to mirror the performance of the indexes they track. They quite simply dare to be average. And by being average, low-cost index funds, such as Vanguard's, are virtually guaranteed to beat the average fund.
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