The Phi Group

Now's the Time for Buy-and-Hold

So you are the guy who did not go to the beach, instead, reading here?
If you beat the market for over 20 years, you will be close to Warren Buffett. Why are you still spending time to read here is beyond me.

Buy-and-Hold: does not mean that you buy blindly, for example, intelligent investors would not blindly buy at the height of 2000, and intelligent investors would sense the housing crash coming and adjust accordingly.

I think the active management exaggerate too much about them being smart ass, while they want badly the public business to invest with them. If I were you, who can beat the market for 20 years, I would not bother to manage other people's money, I'd enjoy life.

Take it easy. There are intelligent investors in Buy-and-Holders, like Warren Buffett, and not so intelligent investors; the same is true among people like you, active managers who want to make money off their client's money, some are good, most are not worth it!


On Feb 05 08:51 AM Roger Schreiner wrote:

> This is laughable. Buy-and-Holders DO NOT have the option to say
> this is a good time to buy-and-hold, because they buy and hold.
> They CAN NOT take advantage of "these good situations."
>
> You just don't get it. Buy-and-Hold means you can't do what's best
> for yourself, you have to accept every decline, every crash, every
> drawdown, no matter how stupid you are doing it.
>
> There are so many complete myths, lies and illogical arguments in
> your article, I don't know where to begin.
>
> If you every want to do a public debate I'm the first in line.

>
>
> We are an active manager who has consistently outperformed the market
> with significantly less risk than passive investors for the last
> 20 years. We up last year, our investors are happy, and they LOVE
> active management. I could go on and on.... and would love to publicly
> debate your insane passive approach. Good luck, you're going to
> need it!

5 ETFs with Single-Digit P/Es that Trade Near 'Book Value'

I am very new to ETF. Why the low volume can kill them? Aren't they backed by actual stocks? Do you lose everything if the ETFs close due to low volume?


On Feb 04 10:04 AM jcianci wrote:

> PowerShares MicroCap (seekingalpha.com/symbo...) 0.7 9.9
>
> SPDR International Small Cap (seekingalpha.com/symbo...)
> 0.9 7.6
> WisdomTree Japan Small Cap (seekingalpha.com/symbo...) 0.9
> 9.7
> iShares MSCI EAFE Small Cap (seekingalpha.com/symbo...)
> 1 7.3
>
> These 4 funds are on the death row. They are illiquid and have virtually
> no volume and are not worth the risk especially when a lopsided volume
> day could crush them. STAY AWAY!
>
>

Real-Estate Veteran Sees a Rare Opportunity to Buy Quality REITs - Barron's

It's hard to believe that the current REIT price already factored in the rising vacancy that we are going to see in 2009. The commercial Real Estate is just starting to reveal the problem, right?

WSJ Weighs in on Peter Schiff

Peter Schiff is in the business of managing others' money
Peter Schiff failed to exercise the proper planning for client
Peter Schiff use one size fits all approach
Peter Schiff lacks diligence when managing client money
Peter Schiff killed his client's portfolio
Peter Schiff is right about inflation, US currency long term
but many other also know! He is not genius
Peter Schiff is good at writing book and marketing
Peter Schiff is a failure and irresponsible when it comes to managing money
Do we still need to debate more on Peter Schiff?