Each month I look forward to the investment newsletter by George Sisti called "Vectors." Mr. Sisti must be a Boglehead because his latest newsletter contains solid Boglehead advice like this:
http://www.oncoursefp.com/files/Vectors ... 0final.pdf"Both the decline and the recovery were unimaginable on February 19th, the latest example of why attempting to time your way into and out of the stock market is a fool's errand."
"Six month, 52% gains are rare occurrences, which is one reason why I'm an advocate of having an appropriate allocation to U.S. Treasury securities and high-quality corporate bonds in your portfolio."
"Through May 2020, more than 80% of these cash panickers would have been better off if they had simply "stayed the course".
"The long-term, goal focused investor's best strategy continues to be to stay the course and, if possible, invest a little bit more every month to take advantage of lower prices."
"What happens on Wall Street in any given day, week, month, or year is of little significance to a family’s long-term financial plan and wealth accumulation program."
"This is the latest example of why a passive, buy and hold strategy is so much easier on the mind and so hard to beat."
"During the first six months of 2020, in an analysis of 4,400 mutual funds, Morningstar research found that just 48% of
domestic stock funds outperformed their index fund competitors."
"Perhaps the lesson we can learn from all this is that the financial media is a source of sound, which is not the same thing as saying that it is a source of sound advice."
Jack Bogle's Words of Wisdom: "Don’t peek. Don’t let all the noise drown out your common sense and your wisdom. Just try not to pay that much attention, because it will have no effect whatsoever, categorically, on your lifetime investment returns.”