Day: April 5, 2019💾

📽️ Videos

10 Reasons Brokers Don’t Like Index Funds | Paul Merriman

10 Reasons Brokers Don’t Like Index Funds | Paul Merriman

As more investors turn to index funds, brokers and other fund salespeople continue to invent arguments favoring non-index funds, the kind they want you to buy. An index fund attempts to replicate the investment results of a target index by investing in all the securities in that index or in a portfolio that closely approximates it. An actively managed fund tries to beat the market by selecting stocks the manager hopes will outperform the index.

Today’s Almanac for Friday April 5

Today’s Almanac

Night before dawn is 6 hours,
Dawn starts at 6:00 am and runs for 28 minutes,
Sunrise is at 6:29 am which is 5 hours and 30 minutes before noon,
High noon, the transit of the sun, is at 12:57 pm,
From twelve noon to the sunset at 7:25 pm is 7 hours and 25 minutes,
Dusk lasts for 31 minutes concluding at 7:54 pm,
Leaving 4 hours and 5 minutes until midnight.

Ledge to North Mountain

Plateau Trees

Pine Trees on Plateau Mountain on the other side of Stoney Clove, set on the background of deciduous trees on West Kill Mountain.

Sunday April 12, 2009 — Plateau Mountain
Map: Green Mnt NF Forest Road 74 Camping

Ostrich

In recent weeks, since quitting most social media, I guess I’ve become a bit of an ostrich when it comes to following contemporary events and news, but I don’t really care. I don’t have one of those fancy color televisions or cable, I don’t pay attention to the television news. I do occasionally turn on my transistor radio to catch up what they are saying on NPR News, follow some of the political podcasts, but I am not caught up in the 24 hour news-cycle like so many others are today.

I’m not totally cut off from them media. I do read the newspapers and trade publications as part of my job, but I’m not somebody who does it recreationally. I check NPR.org a few times a day and often read the trending article in Mozilla Firefox’s Pocket. But I don’t spend endless hours going down that rat hole — but sometimes there are interesting essays out there to review. But not all the time, as I lack Internet access at home.

Listening to Phil Ochs, Tom Paxton, Malvina Reynolds, John Denver, and generally music recorded a half century ago, further isolates myself from the modernity I find so distasteful. I’m cynical, and I don’t like modernity. While I use a contemporary laptop, with modern versions of web browsers, Quantum GIS, and other security updates, I like my XFCE Window Manager, which in-style hasn’t changed in 25 years — and using easy-to-use terminal apps for my purposes.

I walk or take public transit around town, rather then motoring. I like my big jacked up truck, but I really hate motoring, especially in locations with speed restrictions and traffic lights. I spend my weekends in summer months in the wilderness, although I do like having electricity, my truck camper, propane camp stove, and my propane heater in the cold weather. But I don’t do campgrounds, except when there is no other option. And I doubt I would ever stay in a motel, unless there was absolutely no other option.

Maybe I’m old fashioned, but I don’t like direction of contemporary society with colorful screens and ‘modern’ ways of living.

Camera shy

Ducking New York

Like usual, the ducking DECALS system is giving me a ducking hard time renewing my fishing license. 🎣 You would think New York State would make it ducking easier to give them your money.

Geese