401kMaximizer ?
#12
Gets Weekends Off
Joined APC: Aug 2009
Position: A320 CA
Posts: 282
John Bogle created the index fund in the 70s and proved that on average it out performs all other finical products available to normal people (non billionaires). Warren Buffett won a million dollar bet a few years ago proving the same thing.
If there really was a company or hedge fund manager that could always outperform the market, everyone would use that person. If you do outperform the market, that has more to do with luck than skill.
https://www.forbes.com/sites/johnwas.../#37d004fa2a6c
If there really was a company or hedge fund manager that could always outperform the market, everyone would use that person. If you do outperform the market, that has more to do with luck than skill.
https://www.forbes.com/sites/johnwas.../#37d004fa2a6c
#14
John Bogle created the index fund in the 70s and proved that on average it out performs all other finical products available to normal people (non billionaires). Warren Buffett won a million dollar bet a few years ago proving the same thing.
If there really was a company or hedge fund manager that could always outperform the market, everyone would use that person. If you do outperform the market, that has more to do with luck than skill.
https://www.forbes.com/sites/johnwas.../#37d004fa2a6c
If there really was a company or hedge fund manager that could always outperform the market, everyone would use that person. If you do outperform the market, that has more to do with luck than skill.
https://www.forbes.com/sites/johnwas.../#37d004fa2a6c
#15
Gets Weekends Off
Joined APC: Jan 2014
Posts: 1,295
#16
Gets Weekends Off
Joined APC: Mar 2014
Posts: 3,097
It basically means if your returns are similar over time just park it in a total market fund and be done with it...
FSKAX is the Fidelity total market fund similar to VTSAX, they have almost identical returns. 0.015% expense ratio...practically free.
You can't buy a total market fund in our AA plan so set it up to transfer to brokeragelink 95% and auto purchase FSKAX with the funds. IMO.
FSKAX is the Fidelity total market fund similar to VTSAX, they have almost identical returns. 0.015% expense ratio...practically free.
You can't buy a total market fund in our AA plan so set it up to transfer to brokeragelink 95% and auto purchase FSKAX with the funds. IMO.