Word: vanguardism
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...though, was last month's roll-out of Quake World, Quake's "networked" cousin, which can bring together in simultaneous mortal combat as many as eight players--players who may be sitting, like Grrrl, in adjoining cubicles, or on opposite sides of the world. The game stands at the vanguard of a new breed of software designed to combine the enduring fascination of interactive computer games with the explosive growth of the Internet...
Also in the Ivy vanguard is surprising Columbia (7-1, 1-1). The youthful Lions are led by sophomore Tosh Forde, the Ivy League Player of the Week, who halfway through the season has already set single-season school marks for goals and points...
...mutual-fund business, biggest is very often best. Not only will well-established outfits like the Vanguard Group, American Funds and broker Merrill Lynch probably still be in business when you retire, but they also offer a plethora of funds and a wide range of services--from retirement planning to checking accounts. Says Dan Wiener, editor of Independent Advisor for Vanguard Investors, which tracks funds managed by the Vanguard Group: "There is a desire to be all things to all people. It's the supermarket approach...
...VANGUARD GROUP, Valley Forge, Pennsylvania; 800-433-5514. The long-standing No. 2 of the mutual-fund business and the leading practitioner of no-load investing, Vanguard is led by iconoclastic John Bogle. It is the Wal-Mart of mutual funds, dedicated to winning customers by driving costs lower and lower. Because of that strategy, Vanguard has grown like, well, Wal-Mart. The annual cost of keeping your money at Vanguard is 31' per $100 invested, vs. an average $1.11 for the industry overall. When it comes to money-market and bond funds, where every penny counts, Vanguard...
...friends about their experiences with specific funds. Pay closer attention to those who have stuck with a fund for at least a few years. The biggest mistakes people make in mutual-fund investing? "Focusing on the short term rather than the long term is one," says Vanguard's Bogle, "and not giving adequate thought to an overall balanced investment program as distinct from randomly picking funds is another...