06-14-2007, 09:59 AM
D_Eclipse9916 Wrote:I dont see the big deal, 8-10% is what you get in a regular mutual fund, I wouldnt waste my time switching between stocks and watching stocks.
I guess im a little bitch, but all my money is conservative and I am in for the long haul and prefer the tortoise over the hare. Although the hare 75% of the time wins, im not going to worry over 1-2%.
Anyone our age (read: under 35) should have a decent mix of agressive and conservative funds. We have the luxary of being in it for the long haul but you also have the luxary to ride out bumps in the road that the aggressive blends hit.
A 3% difference in yearly gain basically means you have 2x as much money after 25 years without additional savings. I'll definitely sweat 3%. 25 years is a long time but as you said, we're in it for the long haul so we might as well earn more money while we're waiting.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth