UnThreaded | Threaded | Whole Thread (59) | Ignore Thread Prev | Next
Author: temsike Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Re: Professional management Date: 7/14/2011 7:35 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
Dr Tar:
The second part - a non-indexed investment vehicle is just dumb?

Well that seems like a rather biased opinion... And that is because? Please elaborate on how investing in all/any single non-indexed investment is dumb..........such as

a US Treasury / or investment grade Bond
some gold or silver
any individual stock
Swiss francs
REIT
Shorting lean hogs and going long coffee


I would agree with all those investments.

What I don´t agree with is to hire some professional adviser at a cost of X% of portfolio assets so he/she can put your money into very costly managed mutual funds or worse, a fund of fund of very expensive managed mutual funds.

Nor would I agree with a manager who will put your money into individual stocks and bonds and then procede to turn your portfolio over X amount of times per year to pad his/her pockets with commissions, Wall Street´s with spreads, and Uncle Sam´s with short-term capital gains taxes.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (59) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement