The AAII Southwest Florida Chapter presents...

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

    Discussed by:

    Richard A. Ferri CFA
    Founder, Portfolio Solutions

The death of buy and hold has been greatly exaggerated. 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. The passive form of investing is about reaching your goal by selecting the right asset allocation for your needs, participating in the markets cheaply through index funds and ETFs, and rebalancing the portfolio on occasion to return to its target allocation. This method outperforms active management by several percent per year and generates returns over the market averages nominally and on a risk-adjusted basis.

Attend This Meeting and Learn...
How to properly diversify your portfolio
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 one decade

Thursday, November 17, 2011
6:30 p.m.    Registration/Social
7:00 p.m.    Program
8:00 - 8:30 p.m.    Q&A
Venice Community Center, Room F
326 Nokomis Ave.
Venice, FL
(941) 861-1380
[ Map This Location ]
In Advance (by 11/12), AAII Members and Family, $10/person;
Nonmembers, $12/person
At the Door (space permitting), AAII Members and Family,
Nonmembers, $18/person
No Refunds

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