Daily Stock Market and Business Thread

[MODU]

Looks like we're in for a bad start to the week.

"Dow, Nasdaq Head Toward Lower Opening As Markets Around the World Suffer Further Selloffs"

Yup.  Asia got bounced this morning, but Europe's losses don't seem as bad.  Only down 4% last week, so not that bad for a correction.

[Richard]

Actively managed funds (excluding hedge funds) have consistently underperformed indeces.  It is a waste of money.

[TomC]

What are you thoughts on index funds vs. actively managed funds?

I like index funds but think it's good to have a combo- especially if the managed funds are specialty funds rather than broad based.

[○∙◄☻¥tπ[╪AV┼cVê└]

Obviously I don't expect the Bush administration to do much for me. Almost all of my money is in accounts that can't lose money (FDIC insured or treasury bonds). One can't be too safe in a Bush economy.

Can we quit bailing out people who were stupid enough to put their money in stocks or other risky investments during a Bush economy?

[opebo]

Obviously I don't expect the Bush administration to do much for me. Almost all of my money is in accounts that can't lose money (FDIC insured or treasury bonds). One can't be too safe in a Bush economy.

Can we quit bailing out people who were stupid enough to put their money in stocks or other risky investments during a Bush economy?

Excellent call, jfern.  You saw this coming, kudos!

But of course we need to bail everyone out from the bottom up - a generous dole and free health care.  All this tossing money down the rat-hole of the upper class won't really effect anything.