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Dan Wiener

Daniel P. Wiener is America's leading expert on investing in Vanguard mutual funds and is editor of The Independent Adviser for Vanguard Investors, a monthly newsletter that keeps abreast of recent developments at Vanguard. The Adviser is a five-time winner of the Newsletter Publishers Foundation's Editorial Excellence Award.

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10 Vanguard Funds to Sell Now!

June 4, 2008

By Dan Wiener, Editor, Independent Adviser for Vanguard Investors

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If you own any Vanguard funds, please read this carefully. Several of Vanguard’s biggest, most popular funds are among the most vulnerable you can own now.

They are overexposed to the huge risks of the stock market as a whole.

Some are overexposed in technology—often because they are handcuffed to one of the tech-heavy indexes. Yet these are not what any investor would have thought of as "technology funds!"

Some have inexperienced managers, or management-by-committee, which invariably leads to mediocrity.

Some were excellent funds when they were smaller, but they’ve grown unwieldy. They can’t make the nimble turns that they used to be able to make, which means they sail right into trouble!

And some appear to offer fair returns, except when you examine their after-tax results, which turn out to be terrible.

In each case, you’d be much better off in other Vanguard funds. Better off and safer, too!

Sell these funds now. Not tomorrow. Not next week. Now, today.

SELL: Intermediate Treasury
SELL: U.S. Growth
SELL: Diversified Equity
SELL: STAR Moderate Growth
SELL: Tax-Managed Balanced
SELL: Developed Markets Index
SELL: High-Yield Corporate
SELL: Growth Equity
SELL: Precious Metals
SELL: Short-Term Treasury

 

NOTE: These Vanguard funds are part of a new report just released by Dan Wiener, 25 Vanguard Funds to Sell Immediately. Dan strongly recommends selling each of these funds right away. So don't wait! Go here to download this report now.