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...brace for inflation with mutual funds that invest directly in commodities, like Pimco Commodity RealReturn Strategy (up 43% in the past 12 months) and Oppenheimer Real Asset (up 35%). Funds that invest in stocks of companies in the raw-materials business include T. Rowe Price New Era (up 41%), Vanguard Energy (up 43%) and State Street Global Resources (up 77%). Careful. Commodities-fund prices are volatile...

Author: /time Magazine | Title: Money: How to Play Inflation | 4/26/2004 | See Source »

Fifteen percent of the money in equity mutual funds--nearly $600 billion--is invested in low-cost index funds. Investors have one man to thank for making that option available to them: Jack Bogle, founder of the Vanguard mutual fund group and creator of the first index fund in 1975. Bogle's genius was to recognize that most investors--including the managers of mutual funds--underperform the market. Factor in the transaction and management fees imposed by traditional mutual funds, and investors fall even further behind the market. Bogle's simple idea was to create a fund that would track...

Author: /time Magazine | Title: John Bogle: The Investors' Advocate | 4/26/2004 | See Source »

Emmy Award-winning talk show host Montel Williams was honored Saturday by the Association of Black Harvard Women (ABHW) with its Vanguard Award, making him its 2004 Outstanding Man of the Year...

Author: By Andrea M. Larocca, CONTRIBUTING WRITER | Title: Black Women’s Group Names Man of Year | 4/19/2004 | See Source »

...white supremacist, anti-Semitic web site called the “Vanguard News Network” (VNN) was referring to her as the prey of “Jew parasites.” According to the site, upon her entrance to Harvard last fall, Carey unknowingly became a victim of “higher Jewry and itz [sic] accompanying Jew indoctrination...

Author: By Laura H. Owen, | Title: An Unwilling Posterchild | 4/15/2004 | See Source »

...Shiite parties on the Governing Council, see Moqtada as a dangerous hothead. But they're unlikely to align themselves with the Coalition forces against him. That's a game played by Sadr, too, who styles his movement not in opposition to Sistani, but instead as a kind of militant vanguard pursuing the same objectives - majority rule and early elections (in which, given Moqtada's extensive party organization, he could legitimately expect to fare rather well). Following the weekend's violence, Sistani called for calm and urged Shiites to refrain from retaliating. But he also said their demands were legitimate...

Author: /time Magazine | Title: Behind Iraq's Moqtada Intifada | 4/5/2004 | See Source »

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