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My funds cost me a fraction of a percent. One is free, one is 0.05%
My funds cost me a fraction of a percent. One is free, one is 0.05%
For capital appreciation, an index fund is difficult to beat and the real question is why worry about beating the index anyway?
Wall street is controlled by limited number of people. They will always find the way to grab your money. Create uptrends and downtrends. They love limo and $100 lunch, where they only talk about money. That's they job.
Currently you trading with computers, you can't beat them, can follow them only.
I used to keep money in Mutual Funds, but after market start going down, so they portfolios. The smartest Harvard students did nothing to preserve portfolio. That was the end.
The smartest Harvard students did nothing to preserve portfolio.
If you don't trade (ie, hold for at least a year) and you pick well-established stocks that are in the indexes anyway, I think you'll do fine.
REpro saysThe smartest Harvard students did nothing to preserve portfolio.
First of all, I don't know what that statement means? If you're smart, you publish papers in academic journals, not trade stocks.
Look, our first trader easily (and I mean easily) made, anywhere from 25 to 40% per year trading currencies and futures. Sure, he went to London School of Economics but it wasn't his British "Ivy League counterpart" credentials. It was his ability to be able to observe problems before they occurred and hedge the riskiest components of the portfolio.
And he knew price movement like the back of his hand. He knew exactly when a Bollinger Band bounce would happen and when it wouldn't.
When he developed his own US stock portfolio system, outside of work for his retirement hobby (as if he really needed the money, which he didn't), he separated growth vs income stocks. Income st...
Here is sample of some well-established stocks:
Kodak, GE, WorldCom, Woolworth.... unfortunately not doing well.
Dow Jones should represent the best horses in horse farm, but like any game, leaders are changing.
http://philip.greenspun.com/materialism/money