Quote:
Originally Posted by polish_aristocrat
if you chose a bad fund or if there's some crash on the stockmarket like with the dot coms in 2000, then you can also lose a huge part of what you invested....
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choosing an index fund means it's not actively managed so as long as you pick one of the big ones with low fees you can't really pick a *bad* one. Ideally one that isn't just the United States. Also the dot com crash surely decimated the nasdaq but that's not a broad market it's heavily weighted towards technology. So the broader indices definitely went down but nowhere near the amount the nasdaq..
Just as an aside media house prices in the US are down 10% year over year atm (which makes me a bit more interested in buying property)
http://biz.yahoo.com/ap/070524/economy.html?.v=28