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Be careful out there. Index composition is a key to getting consistency in your investment outcomes. Vanguard vs iShares vs State Street vs etc. As Jason Zweig writes in the Wall Street Journal, it all depends on the composition of the index.
https://www.wsj.com/finance/investing/how-a-few-hot-stocks-can-make-twin-funds-act-like-strangers-0ef7c52b?st=6mxLt3&reflink=desktopwebshare_permalink
Thanks for posting Harold. Jason Zweig’s article that you posted a link to above reinforces my decision to buy a broad index rather than a compilation of funds which represent narrower segments of the index broken into value, growth, etc.
The thought expressed in the article that if you have decided use multiple narrow segments then avoiding mixing funds from different providers can help avoid pitfalls from “overlaps in exposures, or gaps in exposures, that you don’t realize that you have” is one that I had not previously considered.
Mr. Zweig also honored Jonathan Clements in his WSJ article titled “Saying Goodbye to the WSJ’s Jonathan Clements” as well as being a friend who spoke at the Jonathan’s funeral service.
Appreciate the comment. Zweig is one of my main sources for learning about the investment world. Others that I follow include Mike Piper, Allan Roth, Jim Dahle, and Christine Benz. I learned a lot from Jonathan all the way back to his days at the WSJ. We had a few email exchanges in those days.
Harold,
You have all the biggies in investing covered, except I would recommend Ed Slot who is the preeminent source for taxes in retirement.
Ed Slott & Jeffrey Levine have a good podcast called the Great Retirement Debate. Also I’ve watched some good YouTube videos by Sean Mullaney.