Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Index Fund Investors Brush Off the Nasdaq Glitch as a Email Routing List Email & Route  Print Print
Thursday, August 29, 2013

Index Fund Investors Brush Off the Nasdaq Glitch as a "Complete Non-Event"

News summary by MFWire's editors

Index fund investors responded to Nasdaq's technical glitch last week with a shrug of the shoulders, Rick Ferri writes in Forbes. Ferri spoke to several index fund investors and advisers to gage their reaction on what was quite an ordeal for many investors.

Taylor Larimore, founder member of the Bogleheads forum, was quoted by Ferri as saying, "I read the headline about a Nasdaq problem but didn't bother to read the rest. After 63 years of investing, I've learned the importance of structuring a low-cost, tax-efficient, long-term investment plan--then do nothing except harvest tax-losses and rebalance when necessary."

Allan Roth, the founder of Wealth Logic, a financial planning and investment advisory firm, told Ferri the glitch was a " complete non-event." Mike Piper, who runs the Oblivious Investor blog and contributes to the Wall Street Journal, echoed his sentiment, as Ferri quoted him as saying, "I would be surprised if most long-term index investors with appropriately diversified portfolios even noticed."

To read more, click here.  

Edited by: Casey Quinlan


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use