tag:blogger.com,1999:blog-5465015914589377788.post8032837401771588129..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: More Fund Manager Arguments Against IndexingMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5465015914589377788.post-2276651857882383612009-12-26T16:31:48.267-05:002009-12-26T16:31:48.267-05:00Anonymous: Out of a universe of thousands of fund...Anonymous: Out of a universe of thousands of funds, a few are bound to outperform indexes even over 10 years. However, these are past returns. Who says that these funds will outperform in the future. How can you choose the funds that will outperform in the future. <br /><br />I agree that hands-off investing is the way to go. Unfortunately, investors who place their money in mutual funds often jump around from one fund to the next always chasing last year's winner. So, the idea of placing your money with a pro and leaving it alone is nice in theory, but often it doesn't happen this way in practice.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-14378173747528569942009-12-26T16:18:31.986-05:002009-12-26T16:18:31.986-05:00Well, if all this IS true? Then how come Vanguards...Well, if all this IS true? Then how come Vanguards Bal Funds, VWELX & VWINX have Beaten their Comparative Index Portfolio's for the past 10 yrs and counting now?<br /><br />And How come Other Active MGes Funds like FPACX, OAKBX, PRPFX have done the same vs their Compartive % allocaiton mix Index Ports?<br /><br />#1 Reason? They sliminate the Primary reason Indexing , let alone anyother form of Hands On Investing.. The Human Factor interfering and just let the pro's handle it, who have better control being a 3rd party person in charge of your $..<br /><br />That to me? Is the Biggest problem with Invesitng into seprate Sectors and classes, be they Indexes or Non Index funds.Anonymousnoreply@blogger.com