The inevitable at last arrived. Last month, for the first time, passively managed funds controlled more assets than did their actively managed competitors....
This is how we met what would later become our dog. The door handles in our neighborhood were horizontal like this.
One day we saw this springer spaniel out running around the neighborhood without a collar on. He wouldn’t let us get close but we followed it back to what we assumed was its house because the door was open and he just ran back in. We left it at that.
Weeks later we see him posted on the local Facebook swap/sell page. The owners were getting rid of him because they were about to fly back to the states and couldn’t or wouldn’t go through the extra trouble to bring him along.
We met with the owners and as soon as we met them and shook hands he came and sat on my feet. Something about meeting his owners made him OK with being near us where earlier he wouldn’t let us get close.
He was the smartest dog we ever had but ended up getting cancer.
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Was the 401(k) a Mistake? How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold. ( www.nytimes.com )
xkcd #2912: Cursive Letters ( imgs.xkcd.com )
xkcd.com/2912...
[USA] Index Funds Have Officially Won ( www.morningstar.com )
The inevitable at last arrived. Last month, for the first time, passively managed funds controlled more assets than did their actively managed competitors....
When people say they lost their 401k
I’ve had a few people in my life tell me that they lost X % of their 401k during the (insert financial crisis)....
A billionaire wrote this letter to Google a year ago. How likely is that Google's layoffs and actions since then are at least partly because of this? ( lemmy.world )
Opened the door ( v.redd.it )
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