! Letters


Roger from FL posted over 6 years ago:

Re: AAII Journal, Feb 2011. "The primary advantage a MF can give you over
an ETF, of course, is active management." From Table 4, Performance of the 50 Most Widely Held Funds, I see that in 2010 only 16 of the 50, or 32%, beat or matched the S&P 500. My conclusion is that paying MFs for this kind of "active management" is not desirable. ETFs or index funds can do better!
Roger Grossel

Mark from IA posted over 6 years ago:

In the sidebar to "How to Check Out a Financial Advisor" you state that "...Certified Public Accountants are tax specialists..." While some CPAs are tax experts, there are more that are not. Like many professions, CPAs specialize in many areas including auditing, forensic accounting, tax or personal financial planning to name just a few. While I am a CPA, I am not the person to ask about taxes. You have painted my profession with a very narrow brush.

Rafael from FL posted over 6 years ago:

Is utilizing a loan from a 401 k to pay off a HELOC at current interest rates an acceptable strategy if you guarantee paying the money back with a fixed rate of return of 5%? Any comments would be helpful!

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