“In U.S. equity funds, the cheapest quintile had a total-return success rate of 62% compared with 48% for the second-cheapest quintile, then 39% for the middle quintile, 30% for the second-priciest quintile, and 20% for the priciest quintile. So, the cheaper the quintile, the better your chances [of outperformance]. All told, cheapest-quintile funds were 3 times as likely to succeed as the priciest quintile.”
...Morningstar research breaks out active vs. passive funds in its research, and shows that the average expense ratio for passive investments was 0.18% vs. 0.78% for active funds.
...while many have touted index funds for only their lower costs and the simplicity of buy-and-hold, the fact remains that you also make more money."
http://www.marketwatch.com/story/the-revolution-investors-have-been-fighting-for-is-here-2016-05-17
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When presented with the opportunity to do right by City of Greensboro's employees, Tony Wilkins, Marikay Abuzuaiter, Nancy Vaughan, Mike Barber, Yvonne Johnson, Jamal Fox and Sharon Hightower supported cronies connected to the financial industry, Jim Westmoreland, Mary Vigue, Rick Lusk and Connie Hammond rather than more than 2,800 employees who are still getting skimmed off of by ICMA-RC, the administrator for the City's 457 retirement plan.
http://greensboroperformingarts.blogspot.com/2015/12/why-north-carolina-treasurer-janet.html
The City of Greensboro shafted their own employees; "401(k) Fees, Already Low, Are Heading Lower"
http://greensboroperformingarts.blogspot.com/2016/05/the-city-of-greensboro-shafted-their.html
This is what winning reads like for those who oppose the status quo; City of Greensboro ICMA-RC 457 retirement plan edition
http://greensboroperformingarts.blogspot.com/2015/10/this-is-what-winning-reads-like-for.html
Say Yes to Education Red Flag; Mary Vigue; She is about to be in charge of more than $25 million for a 'non-profit' after shafting City of Greensboro employees out of investment fee cuts
http://greensboroperformingarts.blogspot.com/2015/10/say-yes-to-education-red-flag-mary.html
Associated Press misleads for Wall Street; "Correction: Primary-Council Of State story"; Don't expect the News and Record to tell anyone in print
The News and Record and other Warren Buffett owned news outlets
are going to try to take down Ron Elmers for Wall Street profit
instead of more money in North Carolina employee pockets
http://greensboroperformingarts.blogspot.com/2016/03/associated-press-misleads-for-wall.html
"Buffett’s Berkshire Hathaway boosts Wells Fargo stake to 504.3 million shares, or 10%"
Warren Buffett owns Greensboro's News and Record.
The News and Record didn't report how Clayton Homes rips off poor people.
Jeff Gauger didn't report how Wells Fargo makes money from North Carolina's retirement plans.
The News and Record didn't report how mimicking the federal government's Thrift Savings Plan could save Greensboro's employees more than $500,000 per year, to preserve Warren Buffett's profitability at the expense of their readers.
Greensboro's City Council is in on it, including Tony Wilkins, whose cowardice from the right is a complete disgrace. They fucked their own employees with the help of Jim Westmoreland, Mary Vigue, Connie Hammond and Donnie Turlington.
Nancy Vaughan led the Council into shafting their own employees by letting the financial industry continue to grossly overcharge fees in the City's 457 ICMA-RC retirement plan.
It's inexcusable.
http://greensboroperformingarts.blogspot.com/2016/03/buffetts-berkshire-hathaway-boosts.html
The News and Record didn't report how mimicking the federal government's Thrift Savings Plan could save Greensboro's employees more than $500,000 per year, to preserve Warren Buffett's profitability at the expense of their readers.
http://greensboroperformingarts.blogspot.com/2016/04/recent-jeff-gauger-and-news-and-record.html
