E.D.Hart

A Fed Rate Hike Won't Solve the Current Crisis

I have to agree that inflation is what destroys wealth. Few benefit, most suffer, especially the poor and the struggling middle class. The wealthy are usually adept at avoiding the worst inflation better than the rest.

There are benefits to everything, including cancer and war. But that doesn't make them desirable or something we would hope for.

Judging Fund Performance: Part 2

It would be intesting to see what effect subtacting expenses and fess would have on the comparisons made in your excellent analysis. Would the etf +4 portfolio come out ahead after 3 years, compared to the two mutual funds?

We dont normally (most people anyway) think of risk as a "cost", but it definitely is, as you frequently indicate. But is volatility the same as risk for sufficiently long time frames? My answer is no. Still, with volatility slated to increase and returns expected to decline, this is a lesson worth repeating. Thanks.