Cue smug look
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Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing[^] [CNBC] Something I've been saying (and doing) for years! The average annualized return of the S&P 500 from 2009-2019 is 12.79%. Can your mutual fund do that? ;P /ravi
My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com
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Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing[^] [CNBC] Something I've been saying (and doing) for years! The average annualized return of the S&P 500 from 2009-2019 is 12.79%. Can your mutual fund do that? ;P /ravi
My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com
Perhaps large caps attract conservatism? Then again, the time span roughy corresponds rise of option trading - which might mean those monkeys what got hooked on leverage got socked. so many varying baubles...
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Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing[^] [CNBC] Something I've been saying (and doing) for years! The average annualized return of the S&P 500 from 2009-2019 is 12.79%. Can your mutual fund do that? ;P /ravi
My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com
Here's an idea: If you want to "improve yourself" or "improve your life"*, Do Some Work! Something for nothing is something that's not good for you. * Both of which are arguably impossible.
I wanna be a eunuchs developer! Pass me a bread knife!
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Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing[^] [CNBC] Something I've been saying (and doing) for years! The average annualized return of the S&P 500 from 2009-2019 is 12.79%. Can your mutual fund do that? ;P /ravi
My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com
Look at the fact sheet for Baillie Gifford Global Discovery B Acc: [](Baillie Gifford Global Discovery B Acc)[^] This is a steady fund started in 2001.
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Here's an idea: If you want to "improve yourself" or "improve your life"*, Do Some Work! Something for nothing is something that's not good for you. * Both of which are arguably impossible.
I wanna be a eunuchs developer! Pass me a bread knife!
One thing that would definitely bring some fairness (at least in the US) is to tax capital gains income (like those made in the stock market) as heavily, or even more heavily, than earned income - where someone had to sweat and get blisters and other stuff. In particular, I'd add the FICA (Social Security Tax) to their income - no more free ride on the big bucks - and probably remove the cap on FICA-taxed income, or at least move it up to where it guarantees solvency of the Social Security system. It's time the real workers stop getting exploited while the gamblers hug their mattress' full of money.
"The difference between genius and stupidity is that genius has its limits." - Albert Einstein
"If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010
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One thing that would definitely bring some fairness (at least in the US) is to tax capital gains income (like those made in the stock market) as heavily, or even more heavily, than earned income - where someone had to sweat and get blisters and other stuff. In particular, I'd add the FICA (Social Security Tax) to their income - no more free ride on the big bucks - and probably remove the cap on FICA-taxed income, or at least move it up to where it guarantees solvency of the Social Security system. It's time the real workers stop getting exploited while the gamblers hug their mattress' full of money.
"The difference between genius and stupidity is that genius has its limits." - Albert Einstein
"If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010
W∴ Balboos wrote:
It's time the real workers stop getting exploited while the gamblers hug their mattress' full of money.
:thumbsup:
I wanna be a eunuchs developer! Pass me a bread knife!
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Look at the fact sheet for Baillie Gifford Global Discovery B Acc: [](Baillie Gifford Global Discovery B Acc)[^] This is a steady fund started in 2001.
Holy moly! That's a very nice run. :thumbsup: /ravi
My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com
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Here's an idea: If you want to "improve yourself" or "improve your life"*, Do Some Work! Something for nothing is something that's not good for you. * Both of which are arguably impossible.
I wanna be a eunuchs developer! Pass me a bread knife!
Mark_Wallace wrote:
Do Some Work!
I work very hard for my money. I also like my money to work for me. The purpose of my post was educational. Many US investors leave it to their financial advisors to manage their money and unfortunately end up getting ripped off. /ravi
My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com