tag:blogger.com,1999:blog-5599017594616837319.post2273052138273458020..comments2023-07-08T10:54:11.279-07:00Comments on My journey to financial independence - www.niterainbow.com: Financial Advice on an Index Card Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5599017594616837319.post-80845646656832678482018-04-11T13:34:24.643-07:002018-04-11T13:34:24.643-07:00Hello mOOm,
Thank you for stopping by. I agreed wi...Hello mOOm,<br />Thank you for stopping by. I agreed with you, more over I am concerned that if everyove will switch to index funds the competetition will be lost (there will be no incentive to stand out, as log as you in an index fund). <br />However as you could see from my April post even professional active managers in pension funds add (on average) only 60 cents for $100 USD invested a year, out of each 44 cents are consumed on research, analysts, governance and luxury yatchs, leaving 16 cents to the customers. <br /><br />Do you track your overheads (including time investmested in research) to benchmark yourself against index funds performance? Financial Independencehttp://www.niterainbow.comnoreply@blogger.comtag:blogger.com,1999:blog-5599017594616837319.post-83638506907243547402018-03-30T21:16:20.808-07:002018-03-30T21:16:20.808-07:00It's advice for most people. Question is wheth...It's advice for most people. Question is whether we are "most people". I don't use indexed funds or targeted funds at all. Not everyone selling knows more than you do. There are index investors, retirees etc. who just have to sell and other clueless "investors/traders". Small investors also have an advantage in small and illiquid securities that large investors can't easily trade...mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.com