Packing up from my India trip. Looking forward to it. Its going to be a long flight from Atlanta - Newark - Paris - Bangalore. But I loaded up my Treo with a few movies (American Gangsta, Juno) plus I picked up a book The Bogleheads Guide to Investing so I should be good to go.
Speaking of investing and bogleheads (Vanguard fans - low cost indexing), thats a whole another topic I need to post about soon. Its just surprising that even with all the knowledge and wealth of information, so many people are into these high cost funds and/or paying a financial advisor 1-2% of asset fees who are in the same funds. I realize everyone situation is different but I think for the most part slow & steady wins the race. In investing, one of the things that you as investor can control are the costs and you should strive to keep that at a minimum. I was a victim of 'financial pornography' :) (i read that quote in some book i read) getting into these high cost actively managed mutual funds, trading stock based on magazine articles trying to beat the market. No wonder the asset management, investment advisor industry is booming. I guess anytime you see any of these golf shows on TV (Master etc) and see the amount of commercials about asset management etc, i guess its a lucrative industry. Funnily enough, I have had a few FA's call me and even met a few but once I start talking about indexing, low cost they quickly run away cause am the worst kind of client. Their ideal client is someone who signs them a check and they can just collect the 1-2% fees every year.. This was meant for another post but since I was on a roll figure why stop :)
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