SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BGR who wrote (96312)6/27/2002 10:46:34 AM
From: Knighty Tin  Read Replies (1) of 132070
 
BGR, I know folks who have retired during the last 4 years who indexed and may have to go back to work because they are down 50% including their "non-dilutive distributions." Indexing may not be too horrible during the accumulation phase, but it stinks to high heaven during the distribution phase. You get the reverse of dollar cost averaging.

I don't brag about Wharton that much because I didn't get a degree there. I do like to make fun of Harvard B-School folks, though. I don't know why. I don't make fun of Stanford or Chicago or other good schools, though I like to call Carnegie-Mellon "Carnegie WaterMellon." But that's just too cheap a shot to pass up.

I agree that trading is riskier than indexing. It also has more upside, short term and long term. Which you choose is kind of like buying a luxury apartment. Some want the view from the penthouse and some want the safety of the first floor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext