Okay, I had to shorten the title due to space limitations. I am referring to Larry Swedroe’s book “The Only Guide To A Winning Investment strategy You’ll Ever Need.” It contains some interesting (but rehashed) information I have written about before. Larry is a proponent of index investing and seems to think that buying and holding indexes is far superior …
No Load Fund/ETF Investing: Opinions On Future Market Direction
To me, the interesting thing about reading forecasts is that nobody seems to agree on the direction of the market. Despite the fact that everyone has the same information available, opinions vary and many times are opposite of each other. That’s a dead giveaway of the value of a forecast, which is zero. Nevertheless, I read some of them strictly …
Sunday Musings: Economist On The Loose
I just finished reading a book called “Freakonomics” by authors Levitt and Dubner. Levitt teaches economics at the University of Chicago, while Dubner writes for the New York Times and The New Yorker. Most economists, at least from my experience, string together endless numbers to make a statistical case. However, Levitt dances to the beat of his own drummer. I …
Retirement Investing: Take The Fast Track To A Large Nest Egg
If you had been given proper advice and direction as a 20-year old, opened a retirement account and never let any earthly desires interfere with you maximizing your contributions for the next 45 years, you would be a happy 65-year old sitting on a portfolio worth several million dollars. Unfortunately, life does not work that way for most of us. …
No Load Fund/ETF Tracker updated through 7/5/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpDespite higher oil prices and interest rates, a well received unemployment report supported the major average during the last trading day of the week. Our Trend Tracking Index (TTI) for domestic funds/ETFs is now positioned +4.28% above its long-term trend line (red) as the chart below shows: The international index has …
Investment Methods: Indexing vs. Actively Managed Funds—Part II
Just found a story in MarketWatch titled “An active manager can offer protection,” which features an interview with Dan Wiener, editor of the Independent Advisor for Vanguard Investors. It’s a rehash of the battle of the indexing folks against those preferring to use actively managed funds. Dan said that “fund buyers should be looking first for great management — and …