Mutualfund pioneer John Bogle, the founder of The VanguardGroup, offers this rule of thumb for investors: Own the same percentage of bonds as your age.
No-frills VanguardGroup , the second-largest U.S. mutualfund company, is attracting a number of investors who are willing to pay for fee-based financial advice.
Among this group were investors in index funds such as those of Vanguard, a mutual-fund company with a reputation for counting the pennies, which would surely have claimed if it could.