Some 5 million Americans likely applied for jobless benefits for the third week in a row in mid-April as the coronavirus outbreak took an even bigger bite out of the U.S. economy, pushing the unemployment rate to around 15% unofficially. Nearly 17 million people have already filed new jobless claims …
Read More »Outside the Box: What John Bogle might say about the coronavirus and your investments
The late Jack Bogle, founder of Vanguard Investments, had this famous advice for his investor clients: “Don’t do something, just stand there!” It’s a funny line, one that captures the essence of his long-term investment philosophy. In short, the more you move your investments around the higher the chance you …
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