While Indexing might be for "those who haven't learned enough to take control of their investments" it is also for many of us, the best equity choice there is in our employer sponsored retirement accounts.Given a choice between the high fee managed funds, most of which didn't come close to let alone beat the S&P, offered in my plan or the S&P 500 Index offered, this was not a tough choice. So your comment about index funds being for those who have much to learn is flat out wrong when applied to most work sponsored retirement accounts. Bet Enron employees wished that "had learned enough" to take charge of their investments and had plunked it all in an index fund.Andy
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