Proof Indexing Wins
10Aug08
I’ve blogged about tracking my portfolio in Cake. I took a look at my performance this morning and bench marked the Fratboy Portfolio against the S&P500 and the Cakedex, an index of all Cake investors. Check out the results:
Fratboy Investor’s Portfolio: -8%
S&P500: -12%
Cakedex: -16%
What Does This Tell Me?
- The market is doing really bad in general. If your friends are bragging about making 2-bagger they are lying.
- Most of the Cake folks are active investors. Indexing has suffered less this year in comparison.
My advice during these times is to continue investing in index funds. It’s a buyer’s market, when the market rebounds you’ll be in for a nice chunk of change.
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Tags: active investing, Add new tag, buyers market, cake, cakefinancial, indexing, portfolio, swenson
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