Quote:
Originally Posted by WSSix
Oh and I don't have a Star Fund I have their VTIVX fund. Still not great though. It gets good ratings from Morning Star et al though.
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Either way == HORRIBLE returns overall....
10 year @ 37%
5 year @ MINUS 5%
The 3 year only looks good because of the trough it went in! OMG!
It is another Vanguard fund that invests in other Vanguard funds... sorry. That strategy is just dumber than dumb. What they have done is get you to allow them to create a buyer for their other funds. So it's really just a cash slush fund for them to buy shares in their other funds if they want to sell some... they have a ready made buyer. OMG..... RUN!!!!