Really interesting. Charley Ellis gives an exellent "elevator speech" on why individuals should be indexing. He is a little naive at one point when he says that investors who cannot stand the volatility should stay out of the market. The fact is that we have been forced to the point where, whether we like it or not, we have to take risk. If we don't we will have a very difficult retirement. Jason of course is brilliant and I liked the part where he said many people learned that they have a high risk tolerance in 2008. It is valuable info.
Really interesting. Charley Ellis gives an exellent "elevator speech" on why individuals should be indexing. He is a little naive at one point when he says that investors who cannot stand the volatility should stay out of the market. The fact is that we have been forced to the point where, whether we like it or not, we have to take risk. If we don't we will have a very difficult retirement. Jason of course is brilliant and I liked the part where he said many people learned that they have a high risk tolerance in 2008. It is valuable info.
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