DollarTimes is a useful site, eg $100K in ’89 => $198K now or $100K in ’93 => $144K now.
http://www.dollartimes.com/inflation/inflation.php?amount=100000&year=1998 NPV #finance
In #Fund Expenses, Tenths of a Point Mean a Lot: $VTSMX gives 20% more return than active mgt (expenses .06% v 1.12%)
http://www.nytimes.com/2014/01/12/business/mutfund/in-fund-expenses-tenths-of-a-point-mean-a-lot.html
QT:{{”
In an article last year in Financial Analysts Journal, William F. Sharpe, a Nobel laureate in economics, calculated that owners of the Vanguard Total Stock Market Index fund, a passively managed fund with annual expenses of 0.06 percent, could “look forward to having the funds saved for their retirement provide 20 percent more purchasing power” than owners of actively managed stock funds, with typical expenses of 1.12 percent.
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Fame for UChicago physics PhD via #finance China’s Zhu Changhong Helps Steer Nation’s Currency Reserves http://bit.ly/161vBT8 via @PDanese
http://online.wsj.com/article/SB10001424127887323664204578606301739504368.html
Better ways of weighting #stocks in an index MT @shortmsgs: Fund management: The rise of smart beta http://bit.ly/15lsGUO #markets
Better ways of weighting… than by market cap!