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Old 04-01-2007, 08:24 PM  
Quotealex
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Join Date: Sep 2001
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Quote:
Originally Posted by GigoloMason View Post
Oh so now we're not talking about small caps anymore, but specifically 1 index of small cap value stocks. That's one specific index with fairly narrow focus. The average stock investor isn't dealing with indexes but funds or individual stocks. You also have to figure in much higher liquidity risk, even assuming for the moment that the market is actually over time really going to generate a 15% return if you hold long enough. What if you have a fiscal emergency when the market happens to be down? Small caps expose you a LOT more to market volitility, which you can't necessarilly afford with your savings.

In any event nothing you've said changes the fact that the average investor cannot realisticially replicate 15% per annum returns.
You lost me here! Isn't an index a basket of stocks!

As I stated earlier, this is a long term investment (i.e. 30 years), and you'll need to continue investing that $350 every month like you do with your car payment or rent.

And IMO, the average investor is in better position to pick quality small caps than a pro.
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