Re: Index Funds vs Individual Funds
DesertCat,
I'll go with that. I almost expected the answer, but wanted to make certain. Like someone with a couple utility companies for their whole portfolio isn't going to flip out unless cold fusion is invented. But I think a lot of people will be more speculative with a smaller number of stocks.
And on the Buffett comment. Thats why he has the monies and the rest of us don't. It's also interesting since teachers ridicule technical analysts and other people, while they grind out 80-130k a year.
Do you think most people can learn to pick stocks well? Are 90+% of the people picking stocks either extensively trained by a professional or were a professional themselves? Do you think people can pick this up just reading?
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