After recently mentioning that I would consider an investment in the Vanguard Wellington Fund if I wanted to create wealth in such a way that I did not have to spend much time thinking about investments or intended to pass the ownership stake on to someone that did not have much knowledge about investing (i.e. if you wanted to turn your children into trust fund babies in a way that they could not ruin it, you’d want to set up a restricted trust that only permitted the kids to receive the interest and dividend income generated by the fund, perhaps with the instruction that the assets transfer into an S&P 500 index fund if the Wellington Fund were to ever cease to exist).
Anyway, when I wrote about it recently, some readers wanted to know if they were still allowed to contribute to the fund, given the fund’s press release … Read the rest of this article!
The post The Vanguard Wellington Fund Is Still Open To New Investors first appeared on The Conservative Income Investor.