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/biz/ - Business & Finance

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49914887 No.49914887 [Reply] [Original]

You can easily cut the expense ratio out by buying KO PG AAPL MSFT GOOG BRKB NVDA JNJ V MA etc. on Fidelity

>No trading commissions
>No expense ratios
>No middlemen

Why is everyone so addicted to index fund investing?

>> No.49914963

>>49914887
Because Vanguard trades like 10t. They ARE the market

>> No.49915002

>>49914887
Cause vtsax has 3000 stocks in it, not 10

>> No.49915022

>>49914887
Who is gonna rebalance? The market changes drastically every few years. Index funds and All in one ETFs are easy.

0.1% MER is not that high.

Also you are paying spreads even on free exchanges

>> No.49915026

>>49915002
>Market carried by 10 names for the last decade
>Weighed down by 2800 dogshit stocks
>People holding just TSLA or AAPL became the 1%

Thanks for playing anon

>> No.49915094

>>49915026
VUG (large cap growth) is down 24% this year, VBR (small cap value) is down 6%. Sometimes you want the dogshit stocks.

>> No.49915095

>>49915026
>Market carried by 10 names for the last decade
>Weighed down by 2800 dogshit stocks
>People holding just IBM or SHLDQ became the 1%
is what they said in the 90s. Now look what the fuck happened.

>> No.49915121

>>49915094
sorry, wrong numbers: -31% and -17%. PortfolioVisualizer was providing old data. Point still stands though

>> No.49915185

>>49915095
Fair enough, but were prudent investors that shocked that boomer obsoletes lost market value? Sometimes you need to stay in tune with the direction of the puck, not where it is now

>>49915094
And when we bottom, which would you rather hold? VUG/MGK or dogshit?

>> No.49915377

>>49915185
Problem is, you'll never know what's about to become boomer obsolete. META is entering boomer company territory and looks like dogshit right now, but it also looked like dogshit for most of 2018. If most professional fund managers can't beat index funds over 10yr+ spans, your odds are very slim.

>> No.49915503
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49915503

>>49914887
Because it works anon.

>> No.49915549

why is their UI so bad man

>> No.49915563

>>49915026
Past is not the future you based retard.

Usually the companies that have made it big underperform.

Mega caps typically underperform the market in the long run.

>> No.49915564

>>49915549
that's why you buy their etfs through fidelity

>> No.49915578

>>49915026
QQQ is like 50% apple

>> No.49915784

>>49915503
with inflation that's closer to 20%

>> No.49915834

>>49915377
Fair enough, VTI or FZROX just seems like it’ll underperform inflation for the foreseeable future

>>49915564
Yes fidelity is vastly superior to bogle’s brokerage

>> No.49916086

>>49914887
you have no idea what you're talking about lol
you still have all those things, holding individual shares costs a lot more, rebalancing, taxes etc
please do even the least bit of research before making these threads on this god forsaken shit hole

>> No.49916344

>>49916086
>costs a lot more

So you’re lying on point 1, nice job. If you’re here to shill for vanguard that’s ok but do it with truth

>> No.49918080

>>49914887
There is yhis thing called 491k that supplanted pensions. The index funds offered have a much lower management cost. Out stock market is pumped by retirement savings.