More shocking than Matt Lauer getting fired for sexual misconduct, Vanguard is expanding its active funds presence!

Summary: Vanguard (the king of passive index fund investing) is expanding its presence in active funds, launching 6 factor based ETF’s and 1 factor based mutual fund. Today I explain factor based funds and their place in your portfolio. Other topics include: • Goldman Sachs predicting a bear market • Women’s retirement issues • Bad market calls (that cost money even when they are right) • Charitable giving