Archive for August, 2007

Vanguard introduces Voyager Select

Sunday, August 19th, 2007

From as early as August 13, there has been at least one report of Voyager clients at Vanguard getting charged a lower fee of $12 for a stock trade. Many are wondering if Vanguard is tweaking the pricing plans for its premium clients.
It is now official. As of August 15, Vanguard updated their website to [...]

Rebalancing in market turmoil

Thursday, August 16th, 2007

The recent stock market turmoil has caused my portfolio to drift from its target asset allocation. With today’s drop, my portfolio YTD return has dropped to 2.2%, still positive for the year but the month-to-date return is a loss of 4.19%.
Today, I sold off a portion of my fixed income in two funds : Vanguard [...]

Flight to quality

Friday, August 10th, 2007

I have an intermediate bond fund in my tax-deferred account. When I was selecting the bond fund, I had picked the Vanguard Intermediate-Term Investment-grade fund (VFICX) over the Vanguard Intermediate-Term Treasury fund (VFITX) for its slightly higher yield and also comparable credit quality (or so I thought!).
Today, it occurred to me that the recent credit [...]