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by Mark Dowie @modernluxury.com - A great essay on investing, the costs and morals of the managed mutual fund industry, how low cost indexed funds outperform high cost actively manged funds, the who, how and why of how the indexed theory originated, ...
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<h1 style="text-align: center;">invest</h1> <h2>[WHAT]</h2> <ol> <li>] A great essay on investing, the costs and morals of the managed mutual fund industry, how low cost indexed funds outperform high cost actively manged funds, the who, how and why of how the indexed theory originated, how it was proven and the people who did it</li> <ol> <li>] TLDR - BUY index based funds, SELL costly managed funds, almost everyone thinks that they can beat the market, most can't</li> <li>] index fund is ...</li> </ol></ol> <h2>[WHY]</h2> <ol> <li>] index funds - their performance follows the ebb and flow of the market,</li> <li>] actively managed mutual funds will not out perform the market in the long term</li> <li>] actively managed mutual funds are costly in terms of fees that you pay</li> <li>]</li> </ol> <h2>[WHERE]</h2> <ol> <li>] <a href="http://www.modernluxury.com/san-francisco/story/the-best-investment-advice-youll-never-get" target="_blank">http://www.modernluxury.com/san-francisco/story/the-best-investment-advice-youll-never-get</a></li> </ol> <h2>[WHEN]</h2> <ol> <li>] 2008-01-18 -</li> </ol> <h2>[EXAMPLE]</h2> <ol> <li>]</li> </ol> <h2>[HOW-TO]</h2> <ol> <li>]</li> </ol> <h2>[REFERENCE]</h2> <ol> <li>] SRC = hn, <a href="https://news.ycombinator.com/item?id=8575106" target="_blank">comments</a></li> <li>] <a href="http://www.theglobeandmail.com/globe-investor/investment-ideas/strategy-lab/index-investing/mutual-fund-success-is-predicted-by-low-fees-not-history/article17441151/" target="_blank">How do CIBC mutual funds measure up against its index funds? </a></li> <li>] https://www.vanguardcanada.ca/documents/case-for-indexing.pdf</li> <li>]</li> </ol> <h1 style="text-align: center;"> </h1>