RetireJapan

Anyone else seen this?
Great for beginners/those scared about investing.

https://www.ifa.com/indexfundsthemovie/

That's great, thanks! I'll add it to next week's Monday Read

I watched it and it is basically one long infocommercial.
Funny how they keep saying you need to buy and hold index funds, but then that you need a manager: them.

One point was that today's winners aren't tomorrow's, which got me thinking about all the tech heavy stocks I own that now take up a large part of my portfolio.

TJKansai wrote: ↑Fri Nov 19, 2021 12:12 am One point was that today's winners aren't tomorrow's, which got me thinking about all the tech heavy stocks I own that now take up a large part of my portfolio.

It's the eternal question: is this s a bubble that will burst and regress to the mean, or is it a new reality. I suspect it is the latter this time, but obviously I have no reason to believe I am right

TJKansai wrote: ↑Fri Nov 19, 2021 12:12 am I watched it and it is basically one long infocommercial.
Funny how they keep saying you need to buy and hold index funds, but then that you need a manager: them.

Yes, the irony of the active manager for your passive investments!
I wasn't planning to use them as a manager, and that hasn't changed.
If you can get past the sales pitch for their services, still a lot of valuable information in there I think.

RetireJapan wrote: ↑Fri Nov 19, 2021 12:26 am

TJKansai wrote: ↑Fri Nov 19, 2021 12:12 am One point was that today's winners aren't tomorrow's, which got me thinking about all the tech heavy stocks I own that now take up a large part of my portfolio.

It's the eternal question: is this s a bubble that will burst and regress to the mean, or is it a new reality. I suspect it is the latter this time, but obviously I have no reason to believe I am right

I asked a question five years ago to Motely Fool's Tom Gardner about whether or not to sell Amazon, as it had gone up a lot. He said he understood the reasoning, but that he would hold even if it was an outsized % of his portfolio. That was the right call of course.

But looking at the change in the Dow over the decades, and not many "sure bets" of the past are still there.

TJKansai wrote: ↑Fri Nov 19, 2021 2:20 am But looking at the change in the Dow over the decades, and not many "sure bets" of the past are still there.

That's why 70% of our investments are in world stock index funds. Agnostic as to future winners.