Comments on: $100 Billion Down the Drain (Every Year!) http://www.obliviousinvestor.com/100-billion-down-the-drain-every-year/ Investing Blog: The Oblivious Investor Tue, 07 Feb 2012 17:04:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Steve http://www.obliviousinvestor.com/100-billion-down-the-drain-every-year/comment-page-1/#comment-3203 Steve Wed, 23 Sep 2009 15:14:58 +0000 http://www.obliviousinvestor.com/?p=2941#comment-3203 Stock brokers are a joke. If they knew how to make money in the market, they would go out and do just that. The buzz words impress clients, but agian if it meant something the broker would use this information to make money directly. Stock brokers are a joke. If they knew how to make money in the market,
they would go out and do just that. The buzz words impress clients,
but agian if it meant something the broker would use this information to make money directly.

]]> By: Richard Reyes http://www.obliviousinvestor.com/100-billion-down-the-drain-every-year/comment-page-1/#comment-2061 Richard Reyes Mon, 27 Jul 2009 22:28:36 +0000 http://www.obliviousinvestor.com/?p=2941#comment-2061 Way to add credibility DGI. Come to another persons website and plug your own agenda with a link to your website. You are a class act. Way to add credibility DGI. Come to another persons website and plug your own agenda with a link to your website.

You are a class act.

]]> By: Mike http://www.obliviousinvestor.com/100-billion-down-the-drain-every-year/comment-page-1/#comment-1727 Mike Fri, 26 Jun 2009 18:22:12 +0000 http://www.obliviousinvestor.com/?p=2941#comment-1727 DGI: Are jobs for the sake of jobs a good thing? That is, if they provide literally no service or product of value, is it really worthwhile? It's like the proverbial "Pay one guy to dig a ditch. Pay the next guy to fill the ditch" way of stimulating the economy. Sure, it may move money around. But it doesn't actually create anything of value. As to "very few people" agreeing that index investing is the way to go: a) What do you mean by very few? The percentage of investable assets that are invested via index funds is steadily growing year by year, and b) Even if index investing were unpopular, would that mean it's not a valid (or superior) strategy? DGI: Are jobs for the sake of jobs a good thing?

That is, if they provide literally no service or product of value, is it really worthwhile?

It’s like the proverbial “Pay one guy to dig a ditch. Pay the next guy to fill the ditch” way of stimulating the economy. Sure, it may move money around. But it doesn’t actually create anything of value.

As to “very few people” agreeing that index investing is the way to go:
a) What do you mean by very few? The percentage of investable assets that are invested via index funds is steadily growing year by year, and
b) Even if index investing were unpopular, would that mean it’s not a valid (or superior) strategy?

]]> By: Dividend Growth Investor http://www.obliviousinvestor.com/100-billion-down-the-drain-every-year/comment-page-1/#comment-1725 Dividend Growth Investor Fri, 26 Jun 2009 18:09:12 +0000 http://www.obliviousinvestor.com/?p=2941#comment-1725 Yes but these $100 billion create thousands of jobs for people, and helped you sell a book on oblivious investing. And by the way very few people agree that index investing is the way to go. Thousands of people think that the stock market is a giant casino where you could buy and sell stocks and make double digit percentage gains every month... Yes but these $100 billion create thousands of jobs for people, and helped you sell a book on oblivious investing. And by the way very few people agree that index investing is the way to go.
Thousands of people think that the stock market is a giant casino where you could buy and sell stocks and make double digit percentage gains every month…

]]> By: MoneyEnergy http://www.obliviousinvestor.com/100-billion-down-the-drain-every-year/comment-page-1/#comment-1268 MoneyEnergy Wed, 08 Apr 2009 01:22:42 +0000 http://www.obliviousinvestor.com/?p=2941#comment-1268 Agree, agree.... you should also check out one of Russ Thornton's recent posts on who the "real" advisers are today and how they really work. Aside from great folks like those (who are a minority), I'd rather be my own advisor, and probably will be until I own more than one property and have more cashflow than I need. Agree, agree…. you should also check out one of Russ Thornton’s recent posts on who the “real” advisers are today and how they really work. Aside from great folks like those (who are a minority), I’d rather be my own advisor, and probably will be until I own more than one property and have more cashflow than I need.

]]> By: Miranda http://www.obliviousinvestor.com/100-billion-down-the-drain-every-year/comment-page-1/#comment-1267 Miranda Tue, 07 Apr 2009 16:35:57 +0000 http://www.obliviousinvestor.com/?p=2941#comment-1267 Keep dreaming the dream and fighting the good fight! :) We really don't need to try and beat the market or try to time it. Keep dreaming the dream and fighting the good fight! :) We really don’t need to try and beat the market or try to time it.

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