PDF Total-return investing: An enduring solution for ... - Vanguard

Vanguard research November 2012 1 The Federal Reserve has indicated its willingness to keep interest rates near 0% until 2015 or beyond. See also Vanguard's discussion of forward bond returns (in Davis and Aliaga-Díaz, 2012). Total-return investing: An enduring solution for low yields Authors Colleen M. Jaconetti, CPA, CFP® ................
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