Better Vantage by Vanguard

Is the portfolio strategy that worked for the last decade right for the next 10 years? Vanguard’s Joe Davis and Edward Jones’ Mona Mahajan discuss how investors at different stages of life, from those just starting out to retirees drawing income, should approach portfolio construction in a rapidly evolving world. All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

You’ve spent decades saving for retirement. Now the paychecks have stopped—and the hardest part begins: turning that wealth into income. Listen to Vanguard experts explain what the 4% rule really says, why required minimum distributions mislead and how to pay yourself. All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Joe Davis, Vanguard’s Global Chief Economist, returns to separate what the data says about AI from the noise: why augmentation matters more than automation, how market leadership shifts across a technology cycle and where he could be wrong. All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Knowing what not to do is only half the battle—the other half is actually avoiding those missteps. In part two of our conversation, Barry Ritholtz of Ritholtz Wealth Management gets practical: how to safeguard your portfolio against panic, minimize regret when making high-stakes decisions and think about wealth in terms of decades, not days. All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Most investing advice focuses on what to do. Barry Ritholtz, co-founder and CIO of Ritholtz Wealth Management and author of How Not to Invest, argues the more important question is what to stop doing. In the first of a two-part conversation, he unpacks the behavioral mistakes that quietly erode long-term returns—and why a little humility might be the most powerful edge an investor can have. All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Retirement isn’t a finish line. It’s a process. For Christine Benz, Director of Personal Finance and Retirement Planning at Morningstar, getting it right means looking beyond the numbers, whether it’s the 4% rule or the psychology of spending. She makes the case that a successful plan is about something far more personal: purpose. All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Not all alternatives are created equal. Roger Aliaga-Díaz, Vanguard’s Global Head of Portfolio Construction and Chief Economist for the Americas, and Del Stafford, Head of Advice and Wealth Solutions, bring a portfolio-driven lens to gold, cryptocurrency and private markets—separating genuine benefits from hype. The goal: helping investors ask the right questions before venturing beyond the core. All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Women are on track to control most U.S. financial assets by 2050, yet the advisory space has been slow to catch up. Vanguard’s Fiona Greig and Janel Jackson unpack what the historic wealth transfer means for women investors, families and the advisors who serve them. All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Most investors diversify internationally with stocks, but stop short when it comes to bonds. Dan Shaykevich, lead portfolio manager for emerging market debt and head of multi-sector strategy at Vanguard, makes the case for why international bonds deserve a place in your portfolio, and how to think about currency risk as a feature, not a flaw. All investing is subject to risk, including the possible loss of the money you invest. Investments in bonds issued by non-U.S. companies are subject to risks including country/regional risk and currency risk. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

With trillions of dollars flowing into index funds, has active management had its day? Wellington Management CEO Jean Hynes makes the case for a renaissance, exploring how AI, private markets and other forces of change could shift the odds back in active's favor. All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.