The whole issue of investing in sector funds sometimes begs more questions than it gives answers. Should you try to pick sectors, or let the managers of diversified funds do it for you? For most investors, the short answer is let the manager do it. But why am I against sector investing for your long-term portfolio?

Mutual Fund industry dogma dictates that past performance is not a guarantee, nor a predictor of future results. On the face of it, this sounds reasonable. But in 1995, I discovered that one momentum strategy, applied correctly, CAN predict future results. I call it "Hot Hands."

I've said it for years: It isn't tax efficiency that investors should strive for, it's after-tax returns. That is: What you keep once you pay the tax man. So, which funds give you the best after-tax returns? And are they necessarily the most tax-efficient? Finally, with so many "tax-managed" funds on the market, are any worth your investment dollars?

The debate over who, and which party, will next inhabit the White House is heating up. On Wall Street, those in the know can ignore the impact the election will have on investors. While there are plenty of reasons to focus on who you'll vote for in November, investing isn't one of them.

The financial chaos and the stock market meltdown have left many investors stressed out and unsure about what to do next. Noted Vanguard expert Dan Wiener has put together a quick 10-step program to help Vanguard investors like you get set for a strong year in 2009. Click here to find out what you should do now.

Vanguard wants you to "believe" in indexing. Your faith in indexing is the cornerstone of their business. But it's a lie. And your trust could lead you to big losses. Here's why, plus details on one of Vanguard's riskiest funds.

Remember when your parents retired? They looked forward to playing bridge, gardening in the back yard of the house you grew up in.. If you're anything like me, you don't want to sit around and garden in your golden years! And you've probably planned diligently for retirement using a variety of highly-rated Vanguard funds. Good for you. But have you invested in Vanguard's #1 Fund for retirement?

As the editor of The Independent Adviser for Vanguard Investors, I'm asked all the time why I don't just recommend Vanguard's index funds? The answer is simple: Vanguard has some of the best fund managers in the business. Two industry legends who outperform the market indexes time and time again are none other than Jim Barrow and Mark Giambrone.

Listen in as Richard Band and Jon Markman give investors a general overview of the forces affecting the current market. Plus, the timely and critical information you need to stay one step ahead.

Vanguard's official annual performance numbers can be deceptive. The fund return figures that are so frequently cited are an unreliable (and dangerous!) method for choosing which Vanguard Fund to trust with your hard-earned money. Here's how to calculate a fund's true real-world performance.

Vanguard may be a no-load shop, but don't kid yourself: they can slap enough fees on you to make your head spin. Here's what you should know about costs before you sign on--and even how to avoid some of them. Plus, how to get Vanguard's attention fast if you ever get annoyed--for any reason!

How far could your fund drop? Bombs away! Many popular Vanguard funds are extremely risky, but they won't tell you. We will. Our Maximum Cumulative Loss (MCL) formulation makes their 10-year return figures look like window dressing, and here's how plus how to double your returns without high risk.