To: Madharry who wrote (35750 ) 10/22/2009 4:44:12 PM From: Paul Senior 2 Recommendations Read Replies (1) | Respond to Am sitting here contemplating my brother-in-law. Believe it will be very hard for me or professional investors to beat him in the stock market this year (with the metric of percent portfolio gain). Unlike all previous years, I believe this year he might be doing way better than me (percentage-wise). Consider: a person who's come late in life to both the stock market and to a high-paying job. All his investing is in a variety of mutual funds in an ira made from company contributions from his salary. As the market fell, he just kept his max ira deductions going into his combo of stock/bond funds. Which let him dollar-cost average to pick up ever more shares at Dec/Mar lows. Given he's only been investing for maybe 10 years and has his good salary now, his contributions are large compared to portfolio value, so picking up more shares at the lows was/is a significant $ bump to the overall portfolio value.
