Vanguard and the Inevitable Dip

The long-term investor, of course, views such turbulence as a mild inconvenience, a temporary lapse in the relentless march towards…something. The belief that geopolitical excitements are, by their very nature, transient, allows one to purchase perfectly sound assets at a discount. The American economy, despite the caterwauling, continues to expand, and corporate earnings, while not exactly exuberant, remain respectable. These, one trusts, are factors that will ultimately prevail.







