The State of CA Makes the Case for Indexing

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The State of CA Makes the Case for Indexing

Postby pkcrafter » Sat Feb 09, 2013 1:53 pm

The State of CA Uniform Prudent Investor Act recommends index funds. This article by Scott Simon makes a strong case by clearly laying out the reasons. Well written and well organized.

http://www.indexmutualfunds.com/PrudentInvestorAct.pdf

Paul
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Re: The State of CA Makes the Case for Indexing

Postby retiredjg » Sat Feb 09, 2013 2:11 pm

Pretty good summary! The surprising part is that it was published 15 years ago. I didn't read every word, but the excellent organization helps to fine the "good stuff".
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Re: The State of CA Makes the Case for Indexing

Postby pkcrafter » Sat Feb 09, 2013 2:24 pm

jg, I agree, the presentation by Simon is very well done. Of course, all of his arguments still hold, which is one of the beauties of using index funds.


Paul
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CALPERS Continues to Miss the Cut

Postby EDN » Sat Feb 09, 2013 2:36 pm

Paul,

I thought you were going to reference the $250B CA State Pension Plan (CALPERS) that has underperformed a simple 80/20 index fund portfolio (like Vanguard Lifestrategy Growth currently) holds over the last decade. :confused

Eric
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Re: CALPERS Continues to Miss the Cut

Postby pkcrafter » Sat Feb 09, 2013 4:59 pm

EDN wrote:Paul,

I thought you were going to reference the $250B CA State Pension Plan (CALPERS) that has underperformed a simple 80/20 index fund portfolio (like Vanguard Lifestrategy Growth currently) holds over the last decade. :confused

Eric

NO, not going there.
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