« The Ritholtz/Esquire Indicator | Main | General Motors is Bad for You »
Latest Stories
- Excel Wankers and Recession Averages
- Sorry, New York is Closed. Check Back Later.
- Catching Falling 2009 Earnings Estimate Knife
- Survivorship Bias in Global Markets
- Talking Positions on a Lazy-ish Retirement Portfolio
March 20, 2008
Index Funds? What are Those?
I just read the galley proof of a new article on investing from a major U.S. magazine wherein the author conceded that he had never heard of index funds. Unbelievable. Run. Hide. We're all going to die.
Sphere It
| 
Digg it
| 
Bookmark it
| 
Stumble it
| 
Facebook it
over 100 million people own mutual funds. Ask all 100 million of them what an index fund is, or better yet, what an ETF is, and you'll find maybe enough people to fill one Starbuks in Hollywood. Maybe.
There is a long term learning curve ahead.