FA Center: This 50-year-old Vanguard mutual fund is holding its own against younger rivals

Mutual Funds

Vanguard Wellesley Income Fund celebrated its 50th birthday in July. A mutual fund being in business that long has become about as rare as couples reaching their 50th wedding anniversary, and so the fund’s longevity is noteworthy in its own right.

But, by analyzing this mutual fund’s performance, we can draw important investment lessons for the future — especially about the wisdom of the so-called 60/40 portfolio of stocks and bonds.

First,…

Products You May Like

Articles You May Like

China grants billions in bailouts as Belt and Road Initiative falters
Equity emerging as key to unlock infrastructure grants
Stop Loss and Take Profit Orders in Trading 212
Traditional finance fears drive digital asset investment inflows to $160M
Encore Wire (WIRE) and Brookfield Renewable Partners (BEP): 3/1/2023 Bull & Bear

Leave a Reply

Your email address will not be published. Required fields are marked *