Vanguard: Vanguard Perspectives®

Cost is a big part of the equation when we talk about performance. But there are other factors too, including identifying top talent and staying focused on the long term. Learn more about Vanguard's approach to managing our funds.

Selecting a mutual fund can be complicated, but there are ways to make it easier. In this short video, Steve Holman of Vanguard Flagship Services and Daniel Wallick of Vanguard Investment Strategy Group discuss how to narrow your choices.

If you want to be a tax-savvy investor, it's important to consider which accounts to tap for living expenses, and when. Maria Bruno and Joel Dickson detail the order you can use to minimize taxes when withdrawing funds for retirement.

It's not just how much you invest but where you invest it. Joel Dickson and Maria Bruno describe how a specific mix of funds layered in different accounts can help you create a tax-efficient portfolio.

You can't always avoid paying taxes but you can manage their impact on your investments. Mario Bruno and Joel Dickson discuss the importance of tax-deferred accounts and caution that how you buy and sell investments can affect your after-tax returns.

Why invest in actively managed mutual funds? Two Vanguard experts explain how active funds can play a role in your portfolio and discuss considerations around performance, asset allocation, diversification, and patience.

Vanguard Chief European Economist Peter Westaway puts the Cypriot bailout in perspective, including what it says about the euro's future.

Central banks in the U.S. and Japan have taken extraordinary measures to stimulate growth. Vanguard Chief Economist Joe Davis weighs in on the benefits and risks of these unprecedented policies, and on how investors should respond.

Experienced credit analysts and high standards for investment quality and liquidity are the keys to keeping Vanguard's money market funds stable and secure, as portfolio manager David Glocke explains.

With money market yields at historic lows, it may be tempting to use a bond fund to manage your savings. But even a small increase in interest rates could reduce the value of your cash position.

Diversifying your portfolio can include investments from around the world. Ken Volpert of the Vanguard Fixed Income Group and Sarah Houston of Vanguard Flagship Services explain how investing in international bond funds can hedge against contrary movements in the domestic markets.

Low bond yields have investors concerned about insufficient income when they retire. Sarah Houston of Vanguard Flagship Services and Ken Volpert of the Vanguard Fixed Income Group present a creative strategy to meet those needs.

Bond prices fall when interest rates rise, but that does not mean it is time to sell. Ken Volpert of the Vanguard Fixed Income Group and Sarah Houston of Vanguard Flagship Services explain that investors using bonds for income should consider a long-term view.

Bonds can play an important role in a portfolio, but market swings often throw an investor's asset allocation out of sync. Sarah Houston of Vanguard Flagship Services explains why it is important to rebalance your portfolio to keep your target allocation in check.

Bond yields aren't what they used to be, for a number of reasons. Ken Volpert, head of the Vanguard Fixed Income Group, gives an overview of the financial and economic factors influencing yields and looks ahead to what may be in store for the next 10 years.