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The AAII Central Florida Chapter presents...


"The Death of Buy and Hold Has Been Greatly Exaggerated"

    Discussed by:

    Richard Ferri, CFA
    Founder, Portfolio Solutions LLC

Time and again, individual investors discover (all too late) that trying to predict the next winning stock, the next hot mutual fund, or the market’s next turn is a loser’s game. The more people play beat-the-market, the less chance they have of succeeding. The alternative lies with passive investing, which is about reaching your goal by selecting the right asset allocation, participating in the markets cheaply through index funds and ETFs, and rebalancing the portfolio on occasion to its target allocation. This method outperforms active management by several percent per year and generates returns over the market averages.

Attend This Meeting and Learn...
About the low probability that any active management strategy has of beating the market over time
About the low payout from active strategies that do beat the market relative to the larger shortfall from losing strategies
About the near-zero-percent probability that a portfolio of actively managed mutual funds will outperform a portfolio of passively managed index funds and ETFs over the decade

  MEETING DETAILS
Date:
Wednesday, November 16, 2011
Time:
6:30 – 7:00 p.m.    Registration/Social/Refreshments
7:00 – 8:00 p.m.    Program
8:00 – 8:30 p.m.    Q&A
Location:
University Club of Winter Park
841 N. Park Ave.
Winter Park, FL 32789
[ Map This Location ]
Payment:
In Advance (by 11/14)
AAII Member and Family, $5/person; Nonmembers, $7/person
At the Door (space permitting) Everyone, $10/person
No Refund

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