“Nobody knows nothing” is a statement made by screenwriter William Goldman about the movie business. He meant that even after making movies for over 100 years, no one actually knows exactly how to make a successful movie. Sometimes sure things bomb. Sometimes long shots win big.
To draw a parallel, we assembled a few articles that [...]
Category Archives: Active Versus Passive Investing
“Nobody knows Nothing”
Saturday, April 24, 2010
Do Your Homework To Understand Mutual Funds and Their Fees
Tuesday, April 13, 2010
The Supreme Court finally examined the problem with mutual funds with regards to their fees. The result – not much protection for the average retirement investor. The Court decided to rule against further legislation and to keep the onus of fee due diligence on investors. You can imagine that the $11 trillion mutual fund industry [...]
From Warren Buffett: Advice Helpful for an IRA Rollover
Saturday, March 13, 2010
Warren Buffett is our generation’s Benjamin Franklin, a humble billionaire full of great advice, quips and invaluable insights. While he never gives direct investment advice, one can gleen some helpful hints about investing in one’s IRA Rollover account.
To paraphrase Warren, most investors should “do as I say, not as I do.” The world’s greatest investor [...]
Watch Out For Unnecessary Fees In Your IRA
Friday, March 12, 2010
Despite the fact that money is not everything, we all want to reach retirement healthy and financially stable, highlighting the importance of maximizing one’s IRA . The last few years has definitely shaken that ideal at the core, making it a bit harder for one to believe they will retire as once imagined. This reality [...]
Study Reveals Indexing Wins Again
Tuesday, March 9, 2010
For those that have taken to indexing over the last several years, we have John Bogle, pioneer of indexing and founder of The Vanguard Group and Vanguard index funds, to thank. A recent study by Standard & Poor’s revealed that “actively managed mutual funds beat their benchmark index in 2009. No surprise here: Just [...]
Avoiding Mutual Funds Fees and Retire Earlier
Tuesday, March 9, 2010
The more you read, the more you will uncover the ongoing discussion of how mutual funds are being challenged to reveal the true costs of investing in them. As an article I recently ran across by Ruthie Ackerman demonstrates, “Ask a broker why 12b-1 fees exist and you’ll get a variety of answers. The fees [...]
