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Originally Posted by Texas Proud
As I remember readinng a long time ago.... it is not hard to 'beat' an index such as the DOW...
look at all 30 stocks... rank them in order of the best to worst... don't buy the worst one or two stocks and weight the rest of your portfolio a bit higher...
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That sounds logical.
I sometimes wonder if the appeal of passive investing via index funds appeals to people like me for all the wrong reasons. I have less understanding of the positive and negative aspects of the multitude of individual companies than almost anyone you might meet. Suddenly, I find myself wanting to retire and trying to learn what I need to know to invest. The suggestion that all I have to do is to invest in a few index funds, using a simple asset allocation, is far too appealing.
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"Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harborless immensities." - - H. Melville, 1851
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