I used to read the Motley Fool website frequently several years back to learn about "investing." I haven't been on there in a while since I've learned the truths about index investing and the PP, but I was googling a stock that I'm considering for my VP and an article about that stock from the Motley Fool website popped up so I started looking around.
Turns out they've launched a series of 3 mutual funds to let people invest in the "Fool" way of speculating. The US funds have an expense ratio of around 1.5% and returned HALF of what the S&P500 returned YTD. 8% versus about 16% for the index.
They definitely are fools.
Another +1 To the PP & Knock Against Active Speculation/Trading
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MachineGhost
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Re: Another +1 To the PP & Knock Against Active Speculation/Trading
Not necessarily. There is tracking error when you engage in a strategy that is not a momentum maket crap weighted strategy that the S&P 500 index represents.TripleB wrote: Turns out they've launched a series of 3 mutual funds to let people invest in the "Fool" way of speculating. The US funds have an expense ratio of around 1.5% and returned HALF of what the S&P500 returned YTD. 8% versus about 16% for the index.
They definitely are fools.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
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Ad Orientem
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Re: Another +1 To the PP & Knock Against Active Speculation/Trading
Remember Andrew Feinberg's famous slam on Jack Bogle from 2006? I do. Well, his suggested active portfolio managers haven't worked out so well. And that's just from roughly six years! I can't imagine what it will look like after ten or twenty.
Last edited by Ad Orientem on Tue Sep 25, 2012 9:49 am, edited 1 time in total.
Trumpism is not a philosophy or a movement. It's a cult.
Re: Another +1 To the PP & Knock Against Active Speculation/Trading
There is an equal weight S&P etf that can be used if you don't like momentum. Ticker symbol RSPMachineGhost wrote:Not necessarily. There is tracking error when you engage in a strategy that is not a momentum maket crap weighted strategy that the S&P 500 index represents.TripleB wrote: Turns out they've launched a series of 3 mutual funds to let people invest in the "Fool" way of speculating. The US funds have an expense ratio of around 1.5% and returned HALF of what the S&P500 returned YTD. 8% versus about 16% for the index.
They definitely are fools.