I do not understand the recent craze over index investing. The best mutual funds still outperform index funds, even with their higher fees. I still own some of the T Rowe Price mutual funds I held before I began DGI, and they are still significantly outperforming the market.
I do not understand why people would want to own 1000s of companies of which probably more than 1/2 are worthless junk. Even in the SP500, probably 1/2 the companies are worthless junk. I would rather create my own portfolio that:
* contains the highest quality companies in the world
* outperforms the market in the long term
* generates stable income that grows faster than inflation
* has no fees
DGI does all of those things and more.
All of that being said, I own some index funds in my 401k because we are not allowed to purchase individual stocks within it.
I do not understand why people would want to own 1000s of companies of which probably more than 1/2 are worthless junk. Even in the SP500, probably 1/2 the companies are worthless junk. I would rather create my own portfolio that:
* contains the highest quality companies in the world
* outperforms the market in the long term
* generates stable income that grows faster than inflation
* has no fees
DGI does all of those things and more.
All of that being said, I own some index funds in my 401k because we are not allowed to purchase individual stocks within it.