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Technology Stocks : America On-Line (AOL)
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To: sam who wrote (832)1/1/1999 9:15:00 PM
From: 1SFG  Read Replies (1) of 41369
 
Come on now, this is getting tiring. If the stocks aren't weighted equally then they aren't index funds because they don't follow the index. I can only say that if YOU can get a computer program and buy the stocks that way, don't you think the index funds do the same thing?

The reasons people buy any fund, including index funds are many and varied. I started out buying funds because I didn't have the millions it requires to buy each and every stock (in meaningful quantities) that the fund contains. If you have that kind of money then you are set and I suggest you go ahead and set up your personal index fund and save the fees. Finally, don't say "we" when referring to the high fees paid--I don't buy index funds.
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