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Jim Cramer Admits That Active Fund Investors Are Getting Hosed

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#1 tony

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Posted 14 February 2015 - 10:37 PM

This article talks about the real motivations of active stock picking mutual funds and why you should index. Jim Cramer makes some surprising comments too.

 

Hope this reinforces what we have been talking about here.

 

 

http://www.marketwat...015-02-12/print

 

 

Tony



#2 sschullo

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Posted 15 February 2015 - 09:43 AM

What ever Cramer says, I either laugh, don't have the foggiest idea what he is talking about or when I do I either do nothing which is 99% of the time or do the opposite, which is .0001% of the time. I never follow his advice. But the network loves him and so do millions of active management type investors. He gets people to trade and that is exciting. He is great at generating ad money for the network, That's all that counts in the financial media. I wonder if he said anything about this report: http://www.valuewalk.com/2015/02/female-investors-outperform-male-investors-2014/


Steve Schullo

Author and Co-Author of two books:

1. Late Bloomer Millionaires: A Financial Story and Investment Guide for the Late Starter (2013)

2. Fighting Powerful Interests: Educators Challenge Tax-sheltered Annuities and WIN! (2015)


#3 tony

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Posted 15 February 2015 - 09:59 AM

It seems that women have all the tools to become successful investors. What they need is what everyone else needs too, more knowledge. Men too often see the stock market as a game to be played. I guess its all that testosterone.  I have learn to leave my money alone now. I used to emotionally react too.

 

Cramer is an entertainer. Behind the facade he knows folks like Bogle have it right. But he doesn't get paid for telling the truth. On occasion he does leak the truth however.

 

 

Tony



#4 sschullo

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Posted 15 February 2015 - 10:20 AM

The women vs. men report also said that women pay more in expenses, so they could learn from the fellows to watch the investment costs. We know that teachers which are 70% female are paying huge annuity costs that are hidden or obscure.

Also, women are not smarter than men about the stock market, because nobody is. They just don't trade as much as the fellows and that is the difference in women's favor. This one fact has born out of some much academic studies that it is academic. Trading is a losing game and its been known for a long time. Women get it!


Steve Schullo

Author and Co-Author of two books:

1. Late Bloomer Millionaires: A Financial Story and Investment Guide for the Late Starter (2013)

2. Fighting Powerful Interests: Educators Challenge Tax-sheltered Annuities and WIN! (2015)


#5 tony

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Posted 16 February 2015 - 05:20 PM

The women vs. men report also said that women pay more in expenses, so they could learn from the fellows to watch the investment costs.

I've heard that women have the same trouble with car mechanics . Perhaps  some advisors and some mechanics come from the same camp.







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