I ran across a hypothetical question – what happens when Vanguard owns everything? – which was followed up with a rebuttle and reply. For something that will never happen it was a decent read with a nugget of information buried at the bottom:
Financial Analysts Journal paper by Rodney Sullivan and Morningstar’s own James Xiong that raises a warning flag about spillover effects with market-cap indexing. In the words of the authors, the growth in market-cap indexing has led to “increased volatility” and “marketplace fragility.”
That brings up another question – whether indexing can get too big? Continue Reading…
Imagine having to save, dollar for dollar, what you need in retirement. Now add in inflation. Your dollars need to keep up with the rising prices of all that stuff you’ll want and need in retirement. You’d have to out save that anchor slowly dragging down your dollar’s purchasing power.
There are only a few ways to get out of paying taxes. Tax evasion is the wrong way to do it. Tax avoidance is the other, legal way around it. My point is, taxes are a cost you can manage and tax harvesting is a piece of a 
No other asset class lives up to the long term returns of stocks. Despite that fact, most investors don’t stick it out long enough during the periods when stocks perform poorly and the big losing years tend to drive investors insane.