tag:blogger.com,1999:blog-11336670.post396509042457680547..comments2024-03-13T03:24:01.167-04:00Comments on Marginalizing Morons: Marginalizing AnalystsCaptiousNuthttp://www.blogger.com/profile/14440029537418230507noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11336670.post-3049948240342540312009-02-07T13:56:00.000-05:002009-02-07T13:56:00.000-05:00I've come to the belief that mutual fund investing...I've come to the belief that mutual fund investing, er dollar cost averaging, has as its principle selling point the possibility of *lazy wealth creation*.<BR/><BR/>SPX 600 or 650 seems to be the consensus among bears. Look for an overshoot.CaptiousNuthttps://www.blogger.com/profile/14440029537418230507noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-27723947626313409172009-02-05T17:51:00.000-05:002009-02-05T17:51:00.000-05:00I wouldn't TRADE the profits I made last year (fro...I wouldn't TRADE the profits I made last year (from TRADING in and out of the market of course) for a "hold and pray" investment methodology that involves dollar cost averaging into the indices or into mutual funds that underperform the indices. <BR/><BR/>Anyone thinking that "hold and pray" will pay off in the long run should examine a chart of the Nikkei 225. Yes, folks, stock indices can get indeed stuck in a multi-decade bear market that may not recover before it's time to retire. <BR/><BR/>Anyone who didn't cash out of the indices near the top in either 2000 or 2007 missed their chance if the goal WAS to retire from buying and holding the indices. I also don't think we're anywhere near the final bottom. We could easily hit SPX 600 and that's probably a BEST CASE scenario.JRealityhttps://www.blogger.com/profile/11457037908790198417noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-1083823623257765432009-02-05T17:17:00.000-05:002009-02-05T17:17:00.000-05:00nice post.nice post.Anonymousnoreply@blogger.com