“It is high time for costs to be recognized as a crucial factor in determining the future returns that funds earn.” – John Bogle These are the Vanguard fund performance results against their peer group by category through December 31, 2013 over various time frames: You can see that Vanguard funds outperform the majority of…

“The business of life is the acquisition of memories. In the end, that’s all there is.” – Mr. Carson, Downton Abbey Money can’t buy happiness, but it can make you happier up to a certain point. By now most people have seen the studies that suggest $75,000 a year is the income threshold for happiness….

“By working faithfully for eight hours a day you may eventually get to be boss and work twelve hours a day.” – Robert Frost

“Don’t do something; just stand there.” – Jack Bogle

“You get what you don’t pay for.” – John Bogle

“Understand that just as it is complicated to make things simple, it is simple to make things complicated as well.” – Anonymous

“Anyone who says that size does not hurt investment performance is selling. The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But I was investing peanuts then. It’s a huge structural advantage not to have a lot of money.” – Warren Buffett Yes, size…

“Have you ever noticed that anybody driving slower than you is an idiot, and anyone driving faster than you is a maniac?” – George Carlin

“Volatility can be a good thing for investors; be prepared to benefit from it. […] Political uncertainty – like any other form of uncertainty – can be your green light to move into a market.” – Mark Mobius Emerging Markets have been getting all of the financial headlines lately. Currency issues and political instability have…

“Individual investors predictably flock to stocks in companies that are in the news.” – Daniel Kahneman