UnThreaded | Threaded | Whole Thread (18) | Ignore Thread Prev | Next
Author: SethNC One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77085  
Subject: Re: Index fund investing versus stock selection Date: 10/6/2007 2:50 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
I just posted a long list of funds that have out-performed the S&P 500.

I don't think many people would consider 1-2 years the long-term. Many funds beat their index over such a short period. Very few beat their index every year over a 5 year period and almost zero funds beat their index every year (or even on average) over a 10 year period.

To the OP: I would agree with the other advice you have received. Put the bulk of your money in various index funds and then use 20%-30% as "play" money.

You mention that you may be above average. That very well may be true, but above average is not good enough. There are only a handful of managers ever to beat their index every single year for a long period of time. Peter Lynch and Bill Miller being two of the most notable.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (18) | Ignore Thread Prev | Next


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:
Value Hounds

Waiting for Clarity
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 Glassdoor #1 Company to Work For 2015! 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.