Minimalist Wealth

Unsolicited Opinions


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Arguments for Passive Investing

To begin, let's define Passive and Active Investing, using the S&P500 as our stock index.

Active investing is the managing of a portfolio to perform better than the S&P500. This is achieved by investing in high growth stocks while avoiding declining stocks.

Examples of active investing include trading individual stocks, day trading, options, hiring a portfolio manager, or buying an actively managed fund, as the manager of that fund is doing some combination of the above.

Passive investing is the managing of a portfolio to match the performance of the S&P500. This is done by buying a fund that is tracked to the index, meaning it mimics the performance of the S&P500.

An example of this would be buying shares of an an S&P-tracked index fund like this one.

Beating Cancer. An Entrepreneur's Approach

On DROdio

What would you do if you were a successful entrepreneur and you suddenly found out you had cancer?

This happened to a client of mine, and like any resourceful entrepreneur, he didn't just wait to see what would happen. He proactively researched solutions, but impressively, did it in a very creative, entrepreneurial way - by following the money trail.What he found was that small companies with promising cancer treatments would see large stock gains, and he spent his time tracking down exactly what those new treatments were, and where they were being held in clinical trials. He ended up getting a progressive DNA-based treatment that has proven very effective for him.

I found his approach so powerful that I asked him if I could post it to my blog for others, which he agreed to do. Here's what he had to say:

"...these are the best sources in the US I know about: is the website for the National Cancer Center based at NIH in Bethesda. All Clinical Trials aimed at cancer are supposed to be registered here and with the FDA. They are THE clearing house for what is going on in the US. However, they do not record what may be going on elsewhere as far as studies, developments, trials, etc elsewhere in the world. The US Government including the FDA and NCI are tougher on approving procedures, bio-therapies, techniques, surgeries, etc...thus you may find that in places like Germany, Japan, France, Belgium, and ideas are more common because there is less regulation by the government,...however if something is working, you can be certain that it will hit the US markets 1st. The NCI sponsors clinical trials that are not just held in Bethesda, but to get a good read on effectiveness, they are often scattered around the country at various hospitals and centers who agree to follow the det ails and terms of the trial to the letter and proved accurate and continuous monitoring and reporting of all sorts of data. That's how these trials learn what works.

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