Wednesday 8 October 2014

PIF A: October 2014

PIF A vs DAX, year 2, development

It is indeed sad to see how the PIF A is yet again failing to beat index. Is there no end to the embarrassment for PIF A of trying to beat index and failing? Each passing month of failure means that index funding is the correct way to go and I am glad I always try to give that as advice to people.

DAX has since July dropped with -7.5% while PIF A has dropped down with -9.6%. DAX won yet another round big time!

For the previous article please see Personalized Index Fund A: July 2014, there is a better explanation for the composition.

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