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Replies to #894 on insane dividends
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fung_derf

11/13/12 1:39 PM

#895 RE: bar1080 #894

LOL! Where is your shrine I can bow down to?
So, you've been around about as long as I have. Have we crossed paths, perhaps under a different name? On RB?
I'm going to totally disagree with you about index funds. Anyone who says they outperform have only looked at the last 15 years or so.
In fact, an index fund is the only fund existing in the free world that is GUARANTEED to underperform its own index.
With that said, I would have to say, with my mixed portfolio of zero coupon muni bonds, mutual funds and individual stocks I trade, I would say, in some years I have underperformed, but in others, I have so greatly overperformed the averages that it would make your entire argument moot. (Do I need to bold that to make it more official?)
I have not gone back and read your posts since '97 and probably won't, so your claim as totally consistent will go unchallenged, however, from what I've seen, you've not only bashed penny stocks (I'm all for this), but also dividend stocks, and now brokers as well. You've done all this without still answering my simple question of what it is you like. I guess if you never go on a limb, it can't break on you.
The only thing I've seen you like on Ihub is yourself.
You are free to correct me where I am wrong.