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Should You Follow Vanguard Into Direct Indexing?

Here are the benefits and drawbacks of what may be the investing wave of the future. ....

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15 Excellent '90s Slang Terms | Mental Floss

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In
Dazed and Confused, one of the truly great works of art of the 1990s, the intellectual Cynthia puts forward the “every other decade theory”: “The 50s were boring. The 60s rocked. The 70s, my God, they obviously suck,” she says. “So maybe the 80s will be, like, radical.” Theywere! But by this theory, the 90s were not.
As if! The 90s were da bomb a decade of great music, spectacular TV, and artful language use. Just look at the following 15 bits of slang popular in the 90s that were all that (and a bag of chips). ....

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A Pivotal Year for Direct Indexing

Several years ago, industry observers predicted that direct indexing would be the next wave of innovation to upturn the asset management industry, equal to the revolution of exchange traded funds and the rise of mutual funds prior to that.
Institutional investors have always customized their own portfolios, and separately managed accounts have long been used as an investment wrapper for wealth managers to richer clients. But for retail investors and most financial advisors, direct indexing or tweaking an index-based portfolio around the individual needs of the client was a small part of the investing world and few had shown an interest. ....

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