October 26, 2004

Investing: A chat with Vanguard's Gus Sauter

Kathleen Pender:

Q: What is your favorite part of the stock market today?

Sauter: I think you should have some international investments. I think we are going to see foreign economies start to pick up. International funds have risks that U.S. investments don't have. I wouldn't throw caution to the wind. I would use them as a diversifier. I would include emerging markets.

Q: If you could buy only one fund, what would it be?

Sauter: Vanguard Total Stock Market Index.

For first-time investors who want one complete investment, we've got our Balanced Index fund, which is 60 percent Total Stock Market Index and 40 percent Total Bond Market Index.

Posted by James Zellmer at October 26, 2004 7:21 AM | Subscribe to this site via RSS:
Posted to Investing