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Politics : Bill Clinton Scandal - SANITY CHECK

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To: Neocon who wrote (52347)6/8/1999 4:09:00 PM
From: MulhollandDrive  Read Replies (1) of 67261
 
Neocon,

If I remember correctly, you are strictly in index funds. Depending on when you got in, it would take a pretty steep drop to afford you the opportunity to get in for less than you sell. That being said, one of the concerns about the index funds is that SO MUCH of their gain is limited to about 20 stocks. As the market broadens and profits go out of those top 20 stocks, the index fund may underperform as a result. I understand there is a fairly new Vanguard fund that encompasses the entire market, large, mid and small cap. I'm not recommending it, but if the hypothesis I gave you is right, it may outperform. I've sold all of my mutual funds in favor of individual stocks.

bp
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