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Old 01-31-2019, 07:37 PM
  #11  
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Originally Posted by Name User View Post
S&P500 up 7.7%
VTSAX up 7.5%

Two good benchmarks to use
Ok. I guess that’s good.

I’m just a pilot so...who knows.
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Old 02-01-2019, 06:37 AM
  #12  
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Originally Posted by 2StgTurbine View Post
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
^^I agree. If it was easy, everyone would be doing it. Rule #2: don't take financial advice from pilots.
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Old 02-01-2019, 07:56 AM
  #13  
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Originally Posted by 2StgTurbine View Post
If there really was a company or hedge fund manager that could always outperform the market, everyone would use that person.
Two words......Bobby Axelrod. 😁
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Old 02-01-2019, 09:50 AM
  #14  
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Originally Posted by 2StgTurbine View Post
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
There was a guy in CLT that could do it. He’s in jail though and his stickers are on the bus stops.
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Old 02-01-2019, 10:03 AM
  #15  
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Originally Posted by Al Czervik View Post
There was a guy in CLT that could do it. He’s in jail though and his stickers are on the bus stops.
How many people did he get to believe him?

I also read he was selling some kind of Telecom equipment that didn't exist?
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Old 02-01-2019, 05:48 PM
  #16  
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Originally Posted by MySaabStory View Post
Ok. I guess that’s good.

I’m just a pilot so...who knows.
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.
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