FYI: In my role at Vanguard, I’m often asked to speak to groups of clients. Invariably, they’ll ask about my outlook for some segment of the market. I often joke that my crystal ball has been cloudy of late.
You see, at Vanguard, we’re not into making short-term market predictions. We believe that if you stick to the tried-and-true principles of maintaining a low-cost, balanced, diversified portfolio that’s aligned with your long-term goals, you’ll give yourself the best chance for investment success.
Regards,
Ted
http://www.etf.com/sections/etf-industry-perspective/vanguard-truth-about-etfs-volatility?nopaging=1
