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Tag Archives: Vanguard U.S. Value Fund

More Good News

Call me a grave dancer, an ambulance chaser, a ghoul. I don’t care. (“Sticks and stones�”) I’m glad to see the stock market dropping in the first few days of the New Year, this morning included.
What’s so great about a pullback? It restores the market’s health by improving values. At the end of 2004, as I repeatedly complained, most stocks and equity mutual funds were stretched thin. Good values were hard to come by.