Consumerism Commentary - Latest Comments in Advice From Bill Miller: Increase Your Money Without Working

Re: Advice From Bill Miller: Increase Your Money Without Working

Dividend Growth Investor — Sat, 26 Jul 2008 18:11:38 -0000

If you buy and hold stock index etf's/mutual funds over long periods of time, you will be able to generate truly passive income.. My research shows that one dollar invested in S&P 500 will take 35 years to generate one dollars in dividends for you on average. So keep saving and investing for dividends ( and reinvest the dividneds)

Re: Advice From Bill Miller: Increase Your Money Without Working

Kyle — Thu, 24 Jul 2008 11:20:59 -0000

Gentlemen prefer index funds. I have little doubt Bill Miller will rise again, though. Thanks for the link!

Re: Advice From Bill Miller: Increase Your Money Without Working

vilkri — Thu, 24 Jul 2008 10:25:09 -0000

Unfortunately even a successful investor like Bill Miller proves that outperforming an index is very difficult. If an investor wants to pick the best fund manager for the coming year, he will need to be very aware of the fine print that says, "Past performance does not guarantee future performance." Moreover, as studies have shown a large majoriy of managers like Bill Miller do not outperform an index. So, I agree with you. All this makes it very compelling to invest via cheaper index funds.