Vanguard’s MoneyWhysAugust 20, 2008
Just a short post. Someone at Vanguard Mutual Funds wrote about my book in their newsletter “MoneyWhys.” It is a short, well-written article that describes one argument made in the book for why Americans engage in over-consumption. Although I have been very critical of the mutual fund industry in some recent posts, Vanguard really is an exception to the rule in many ways. In particular, their funds generally have very low fees and they spend a considerable amount of time and resources educating their shareholders about financial planning and the mutual fund industry.