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Old 03-21-2008, 12:03 PM   #41
lookout123
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Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
Quote:
But all non-indexed funds in the new portfolio, except one, underperformed the market constantly over those same four years. The only index fund (fourth down) outperformed the market. Eliminate the index fund and the entire portfolio of professionally managed funds is tragic.
Point of order: As I pointed out in the other thread which I linked above, you are using accurate numbers to support inaccurate assumptions. Not a single one of those funds is benchmarked to "the market" represented by the S&P 500. They each have different uses in a portfolio.

BTW, and index fund can't outperform the market unless A) you're measuring it against the wrong index, or B) it has drifted away from mirroring it's designated index.

But, hey - i really like your hammer. Unfortunately, every problem is not a nail.
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