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> “Jackson: In Vanguard’s view, crypto is more of a speculation than an investment. […] While crypto has been classified as a commodity […] While Vanguard isn'
by throw0101d 2y ago
> “Jackson: In Vanguard’s view, crypto is more of a speculation than an investment. […] While crypto has been classified as a commodity […]
While Vanguard isn't against commodities completely (e.g., VCMDX):
* https://investor.vanguard.com/investment-products/mutual-funds/profile/vcmdx#performance-fees https://investor.vanguard.com/investment-products/mutual-fun...
* https://corporate.vanguard.com/content/dam/corp/research/pdf/commodity_investing_and_its_role_in_a_portfolio.pdf https://corporate.vanguard.com/content/dam/corp/research/pdf...
It's not really their thing either.