I strongly agree but you will find that others insist that markets are inherently predictable on the basis of what has happened in the past.Nothing. Past performance has nothing to say about future performance.
Nothing. Past performance has nothing to say about future performance.
I strongly agree but you will find that others insist that markets are inherently predictable on the basis of what has happened in the past.
Surely, there must be a reason for all pension companies to present these graphs to consumers
The most important thing, in fact, probably the only thing, is to choose funds with the lowest % costs ie the lowest profit margins for the companies. These are obviously not the ones the companies want you to buy but hey, it's your money
The most important thing, in fact, probably the only thing, is to choose funds with the lowest % costs ie the lowest profit margins for the companies. These are obviously not the ones the companies want you to buy but hey, it's your money
Even if you go with a passive world equity index fund, what is the tracking error of the fund ie how good are they in actually tracking the index that they are following? People think that being a passive index
Benjamin Graham, "The Intelligent Investor"Thank you for your comments but I would still like a book recommendation please.
When I had to choose which funds to use for my PRSA 10 years ago, I looked at the historical graphs. I decided to choose 3 different funds and I have stuck to these since then. If my memory serves me correctly, the equity fund based in Asia had a steep curve, which I thought meant good returns but high risk, so I decided to put 20% of my monthly amount in this fund. The other two funds, both equities based, one in European stocks and the other in dividend yielding equities. I thought these would be two safer options than the first one so I spit the other 80% equally between these funds.
Re. Benjamin Graham, "The Intelligent Investor". As it was first published in 1949, do you think the basis for his strategies are the same now as they were in the 40's and 50's? Are markets very different now than they were in 1949? I believe it is quite heavy reading and I would prefer something a bit lighter to be delving into.
Re. Benjamin Graham, "The Intelligent Investor". As it was first published in 1949, do you think the basis for his strategies are the same now as they were in the 40's and 50's?
I believe it is quite heavy reading and I would prefer something a bit lighter to be delving into.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?