By: Kevin
Will: “You can’t say with any more certainty than I can that your index fund will beat fund XYZ in the period from today to June 19th, 2015 (just made that date up), so why is your investment better...
View ArticleBy: Nicole
Someone else made the point above about Warren Buffett, but it’s also true for people individually arguing… If you have the best manager in the world, then it isn’t in your best interest to share that...
View ArticleBy: Mike Piper
Will: When you say, “You can’t say with any more certainty than I can that your index fund will beat fund XYZ in the period from today to June 19th, 2015.” …you’re right, of course. What can be said...
View ArticleBy: James
ERRRRR wrong again Mike. It cannot be said with any certainty that a dollar invested in a low-cost index fund will beat an individual investor who actively manages his own portfolio of stocks over...
View ArticleBy: Mike Piper
“It cannot be said with any certainty that a dollar invested in a low-cost index fund will beat an individual investor who actively manages his own portfolio of stocks over every single period.” I did...
View ArticleBy: Will
Kevin: “I suppose it’s possible that I could get lucky and pick a fund that ends up being in that 2% that turn out to be winners…I guess it’s possible that those statistics could reverse in the future,...
View ArticleBy: James
My mistake I noted that and was going to edit my comment but figured it be best to write a new one. I agree with your statement but note that you wrote average actively managed dollar. This average...
View ArticleBy: Mike Piper
“This average depends on the population that the average is taken from.” Absolutely. I speak only in regard to the entire market. “If its the entire market then yes its likely because most people are...
View ArticleBy: Kevin
James: “There are still a number of individual investors who actively manage their funds and are quite bad at it.” Sure, but they are the extreme minority of the market. They represent a tiny sliver of...
View ArticleBy: James
The costs for an indexed dollar don’t just disappear. They are low to each person as a result of economies of scale. However, the brokerage that is making these trades for cheap pays serious fees to...
View ArticleBy: James
“So the problem is, how do we identify these superstar fund managers before they outperform the market?” You can’t. But I’m not advising people to use mutual funds. You can never tell what another...
View ArticleBy: Russ
@Kevin you say “Bogle points out that the market is a closed system. That is, we’re all just trading with each other. There isn’t some magical, faceless buyer/seller out there we can all interact with...
View ArticleBy: Ross`
To those suggesting Target Date Funds as their investment of choice: These are often TARGET DEATH Funds,not TARGET RETIREMENT funds. There is a big change coming in the industry due to a misconception...
View ArticleBy: Martin
Is this article about retirement a.k.a 401k or 403b? I want to research more on investing after-tax money as well. I have brokerage account on Fidelity and TDAmeritrade. Let’s say I have $500 to invest...
View ArticleBy: Mike Piper
Hi Martin. It’s very rare that buying an actively managed mutual fund will have lower costs than buying an index fund. For example, at Fidelity, their “Spartan” index funds have extremely low costs....
View ArticleBy: Kevin
Me: “So the problem is, how do we identify these superstar fund managers before they outperform the market?” James: “You can’t. [Y]our best bet is to trust yourself. I’m advising that people can...
View ArticleBy: Rebecca
Our family portfolio of stocks and bonds are 95% index funds, with a tiny allotment for managed funds in a 401k. Once this is rolled over (i.e. the job change), we will move 100% to index funds. I...
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By: Santos
It has always been a bit of a mistery to me why people feel the need to convince others with “anecdotal evidence” that their investment strategy is better than anyone elses. If you are right, then your...
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