The unemployment rate has fallen a full percentage point over the last 4 mo

[rwh11385]

it was a peace offering you chump
you know, trying to engage you in an adult conversation without the usual bullshit that comes with your posts.
someday you'll get over your own lack of self esteem/low self confidence and not have to demean, insult, and ridicule to make a point.

Absolutely zero posts from you suggest that you have the ability to have an adult conversation or treat anyone who disagrees with you with respect, so why should I have assumed you would magically start now?

[gwb72tii]

thank you for making my point

[BraveUlysses]

it was a peace offering you chump
you know, trying to engage you in an adult conversation without the usual bullshit that comes with your posts.

everyone loves a backhanded compliment

someday you'll get over your own lack of self esteem/low self confidence and not have to demean, insult, and ridicule to make a point.

hhahahahahaha irony overload

[gwb72tii]

come on brave, for once have something to say that actually means something instead of trolling

[rwh11385]

For the curious, S&P500 closed at 1460.15 today, which is what it will still be tomorrow which is the closing date of the bet.

I'm certainly glad I was not shorting it during the past 5+ months and instead increasing my 401k contribution to capture the gains.

[Vedubin01]

For the curious, S&P500 closed at 1460.15 today, which is what it will still be tomorrow which is the closing date of the bet.

I'm certainly glad I was not shorting it during the past 5+ months and instead increasing my 401k contribution to capture the gains.

And what are you predictions for the next 5+ months?

[rwh11385]

And what are you predictions for the next 5+ months?

More slow growth. And my plan of action is to keep passively investing the same amount

[Vedubin01]

More slow growth. And my plan of action is to keep passively investing the same amount

and your investments are in what?

[rwh11385]

and your investments are in what?

VFIFX in my Roth IRA. And whatever is equivalent in my 401k plan.

[Vedubin01]

vanguard is a good investment.

[rwh11385]

vanguard is a good investment.

lol - well, I'm sure you can make bad investments using vanguard funds... but I'm a huge fan of their offerings and its founder invented passive index funds and all. (John C. Bogle during his undergraduate thesis at Princeton) The company's philosophy is also one that I enjoy (making investing cost efficient).



Usually don't put much weight in MarketWatch "articles", but a decent write up related to subject. http://www.marketwatch.com/story/ric...?siteid=yhoof2

Picture a passive investing portfolio versus a selection of active, hot-and-heavy hedge funds. In such volatile times, the active funds should be trouncing the market, right? There must have been plenty of opportunities and special situations to jump on. Uncertainty and panic are a great environment for contrarian risk-takers.

Think again. The year so far perfectly illustrates the dangers of active investing compared to simple passive investing portfolio strategies.

As we find out later in the story, one hedge fund index is up 6.76% for the year. That's before, however, subtracting the 2% annual management fee and 20% of gains performance fee typically charged by hedge funds. Another, competing index of hedge funds is up just 3.49 %.

Meanwhile, the S&P 500 Index through Sept. 14 has posted a gain of 16.55%, not including a dividend payout of roughly 2%. You could have had that return instead, if you had chosen an exchange-traded fund (ETF) or an index fund of the benchmark. The net expense ratio for the SPDR S&P 500 SPY is a whopping 0.0945%. The Vanguard S&P 500 ETF VOO is even cheaper — just 0.05%.

Some (like those who sell typical mutual funds or are in the interest of actively managed funds) might call it boring, but certainly is advantageous to making bad calls when trying to beat boring.

[Morrison]

Note to self - Self, do not take GWB's word at face value.

[z31maniac]

Note to self - Self, do not take GWB's word at face value.

Took you this long?

[Morrison]

^ Touche.

[gwb72tii]

Note to self - Self, do not take GWB's word at face value.

So wat have I said for you to question my integrity?