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Old 10-06-2006, 02:02 PM
jively jively is offline
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Join Date: Apr 2005
Location: Long Island, NY
Posts: 782
Default Re: Time to get my feet wet; Vanguard Mutual Funds

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What is the difference between the US value fund and the Windsor II?

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"Vanguard Value Index Fund" is an index fund, passively managed. The Windsor fund is actively managed. One or more people make decisions on which stocks to buy and which to sell, forecasting which will do better than others.

I believe strongly that people can have *very* successful investing experiences without the need for any forecasts.

-Tom
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