tag:blogger.com,1999:blog-5465015914589377788.post21335664154819902..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Long-Term Investing Confuses Our Sense of ScaleMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5465015914589377788.post-6705119352233400242012-05-18T12:46:11.098-04:002012-05-18T12:46:11.098-04:00Wow - thanks for highlighting this. I've neve...Wow - thanks for highlighting this. I've never put faith in the calcs institutions make (i.e. 8%/10%) because they're aren't realistic in my mind. Seeing your little analysis makes me feel a little more confident about the investing decisions made and the returns I'll likely get.<br /><br />ThanksWaltnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-4825166677231262902012-05-10T10:45:54.487-04:002012-05-10T10:45:54.487-04:00@Gene: I've known a few people over the years...@Gene: I've known a few people over the years who have tried to make money with high-risk option strategies. They got hammered by both the volatility and by the big spreads on option prices.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-7037487308471156132012-05-10T09:09:10.481-04:002012-05-10T09:09:10.481-04:00That 1.9% certainly does make a big difference. A...That 1.9% certainly does make a big difference. A big incentive to take up passive low-cost index investing. Little things like decreasing activity and the accompanying taxes, spreads, and commissions can be significant over an investing career.<br /><br />I have been buying some small-cap US stocks over the last couple years, but I'm starting to move to $1B+ stocks just to get the spreads down to a couple of cents, versus the 1% or more in some smaller issues.genehttps://www.blogger.com/profile/05608927986297939720noreply@blogger.com