Stockpickers are Doing Just Fine, Thank You

[dealmaker]

Stockpickers are Doing Just Fine, Thank You
Exchange-traded funds may be winning the popularity contest, but active mutual funds are doing better than you think.
By
Crystal Kim
July 7, 2017 11:01 a.m. ET


Exchange-traded funds might be the prettier, younger sister in the asset management world at the moment, but actively-managed U.S. stock funds are actually doing fine.

Photo by Carsten Koall/Getty Images
Large-cap core funds returned 3% in the June-end quarter compared to S&P 500 index fund's 2.95% return, according to Lipper. Large-cap growth funds did even better, returning 5.45%. Large-value funds had a harder time keeping up -- the group returned just under 2%.

It's no small wonder that large-cap growth funds did so well. Facebook(FB),Apple(AAPL),Amazon.com(AMZN),Microsoft(MSFT), andAlphabetor (GOOGL) accounted for 21% of the S&P 500 returns in the second quarter, according to a recently publishedGoldman Sachs(GS) report. The firm expects the S&P 500 "will fade" by the end of the year to 2400.

http://www.barrons.com/articles/stockpickers-are-doing-just-fine-thank-you-1499439699

 

[recession2016]

Stockpickers are Doing Just Fine, Thank You
Exchange-traded funds may be winning the popularity contest, but active mutual funds are doing better than you think.
By
Crystal Kim
July 7, 2017 11:01 a.m. ET


Exchange-traded funds might be the prettier, younger sister in the asset management world at the moment, but actively-managed U.S. stock funds are actually doing fine.

Photo by Carsten Koall/Getty Images
Large-cap core funds returned 3% in the June-end quarter compared to S&P 500 index fund's 2.95% return, according to Lipper. Large-cap growth funds did even better, returning 5.45%. Large-value funds had a harder time keeping up -- the group returned just under 2%.

It's no small wonder that large-cap growth funds did so well. Facebook(FB),Apple(AAPL),Amazon.com(AMZN),Microsoft(MSFT), andAlphabetor (GOOGL) accounted for 21% of the S&P 500 returns in the second quarter, according to a recently publishedGoldman Sachs(GS) report. The firm expects the S&P 500 "will fade" by the end of the year to 2400.

http://www.barrons.com/articles/stockpickers-are-doing-just-fine-thank-you-1499439699[/QUOTE

Stocks are for boring old people. You can make these pathetic low returns in a few minutes from bitcoin and ethereum.

 

[comagnum]

Trading unregulated markets with horrible counter party risk is plain old foolish. Bitcon at this stage is for the low budget gamblers, most will go bust.

 

[recession2016]

Trading unregulated markets with horrible counter party risk is plain old foolish. Bitcon at this stage is for the low budget gamblers, most will go bust.

That's what they said when bitcoin was $150

 

[comagnum]

I am speaking of the last to the party, get rich quick crowd that showed up recently when the news lured them in. These are the type of people that don't read the fine print - if they did they would realize the counter party risk is enormous. History shows this greed driven crowd may have some good times but for the masses it does not end well. Just like those late to the dot.com party. The brokers allowing bitcoin trading have virtually no legal accountability at any level - making it ripe for scams. Read a few crypto-currency - lots of people unable to get their money out of some of these seedy bitcoin brokers and have virtually no legal recourse to recover their $.

Traders that make a business of it stick to trading highly liquid instruments in regulated markets with brokers having a strong financial/compliance record. Nothing wrong with investing/trading in exotic things if you can afford it although I would not lump that in the same category with the disciplined trading most of us here are doing.