Chalk one up for Indexing
- Thread starter HFWR
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audreyh1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Ahhh - the last THREE years. Well, if 2001 and 2002 had been included I'm not sure index funds would have looked so hot. Certainly not the larger-cap ones....
It's be EASY to beat the S&P500 the last few years. I'm almost getting used to it.
It seems that since 1999 has not been so great for owning an S&P500 index fund. My experience has been that many managed funds have easily beaten it.
Audrey
It's be EASY to beat the S&P500 the last few years. I'm almost getting used to it.
It seems that since 1999 has not been so great for owning an S&P500 index fund. My experience has been that many managed funds have easily beaten it.
Audrey
unclemick
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Well - there may have been a few years since 1966 when I have beaten 'index funds' - but overall including all years no.
Heh, heh heh - notice that Bogle didn't roll out the first one till 1976??
Won a few years by forfeit - heh, heh.
Even with a ten year head start - I didn't.
But I'm sure some have(Buffett?) - but they have never sent me a cut to console me.
Heh, heh heh - notice that Bogle didn't roll out the first one till 1976??
Won a few years by forfeit - heh, heh.
Even with a ten year head start - I didn't.
But I'm sure some have(Buffett?) - but they have never sent me a cut to console me.
From the article:audreyh1 said:
"Similarly, over the past five years, the [S&P 500, S&P MidCap 400, S&P SmallCap 600] outperformed 65.4 percent of large-cap funds, 81.3 percent of mid-cap funds and 72.4 percent of small-cap funds, [respectively]"
Not surprising given their cost advantages. Of course, if you compare small-cap active funds to large-cap index funds, you're comparing apples and oranges.
audreyh1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Oh well, I guess since many of my mutual funds beat the S&P500 index funds over those time periods, I guess that seemed like lots of funds to me.
Gosh - the S&P500 was only up 3% last year. Many of my mutual funds did 3x that. Some even better than 3x. Only one did worse than 3%.
I guess the "statistics" never jibe with my personal experience. And that's been going on for 6 years now. I guess there are a whole lot of really dog funds with high expenses out there that provide such poor comparisons.
I would not have expected to beat the S&P500 in the 90s. It was smokin'. 2000s have been a whole 'nother story.
The S&P500 as an index never made any sense to me. It's cap-weighted, and the change it at least once a year to let the "sexy" companies in and boot the "boring" companies out. Sounds like a recipe for buy-high and sell-low to me.
Audrey
Gosh - the S&P500 was only up 3% last year. Many of my mutual funds did 3x that. Some even better than 3x. Only one did worse than 3%.
I guess the "statistics" never jibe with my personal experience. And that's been going on for 6 years now. I guess there are a whole lot of really dog funds with high expenses out there that provide such poor comparisons.
I would not have expected to beat the S&P500 in the 90s. It was smokin'. 2000s have been a whole 'nother story.
The S&P500 as an index never made any sense to me. It's cap-weighted, and the change it at least once a year to let the "sexy" companies in and boot the "boring" companies out. Sounds like a recipe for buy-high and sell-low to me.
Audrey
maddythebeagle
Thinks s/he gets paid by the post
- Joined
- Jun 15, 2005
- Messages
- 2,450
Seems like a lot of them do this for as a marketing scheme.
