mathjak!!!!mathjak107 wrote: ↑Fri Jul 03, 2015 4:23 am another point i want to bring up .
i told you i could talk about this stuff all day ha ha ha .
be careful when looking at all these charts and comparisons.
like comparing indexing to managed investing they are all strawman results that no one gets.
we all have different buy in points , sell points , rebalance points , we add money at different times and some even dollar cost average in.
few ever get anything resembling a posted year over year return.
even how you tax structure can wipe away any advantage's lower expenses can have.
i am often reminded when i see charts and figures , of grandma and her car buying days.
you have mr savvy investor going in to buy a car.
he beats the salesman into submission getting the lowest price he could . then he pounds the loan officer for the lowest possible financing.
3 years later he comes back and trades the car back in wholesale to the dealer.
on the other hand grandma walks in , pays top dollar for the car , gets a higher rate but sells the car privately for far more money.
grandma wins.
the fact is until all the pieces are figured in how something does in a chart has little bearing on what you did .
our models we used in the fidelity insight newsletter were not always funds that beat their index's . but by using funds through their sweet spots and trading them for better suited funds when the big picture changes the funds working together beat their index's most of the time while individually they did not.
how you are doing is only unique to your own situation and not comparable to anyone else or anyone's charts and figures ..
you can have slightly more expensive funds , not the best allocations , or even have funds under perform a bit but a better retirement tax plan that allows you to draw a 6 figure income at near zero tax beats any boglehead any day.
i have a lot to say about retirement tax planning too but i will spare you all.
remember too , i am not in the business , i am not a pro and these are just the opinions i have .
the funny thing is i have been quoted more times in the wall street journal than most people in the business and what the heck do i know. lol
Vinny