Vanguard Group Inc., the largest U.S. mutual-fund provider, will drop MSCI Inc. as the benchmark provider for 22 index funds holding about $537 billion in assets, to cut costs for fund shareholders over time.
Bernie Madoff is warning regular investors not to let Wall Street scam them like he did. His advice: Use index funds. In a recent interview with MarketWatch, Madoff was asked where the safest place is to invest money with the least amount of risk for fraud. His answer: