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Pastimes : Ask Mohan about the Market

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To: Bonnie Bear who wrote (13697)2/1/1998 7:21:00 PM
From: Investor2  Read Replies (1) of 18056
 
RE: "Reasonable valuations: many people I know are still putting that 15% into index funds. Scary, huh?"

I could understand your statement if you replaced the words "index funds" with the words "stock funds." However, I don't understand why you singled out index funds as being scary. The fact is that index funds outperform a vast majority of managed stock funds. It seems that investing in managed stock funds is more scary than index funds.

Best wishes,

I2
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