PFBlog logo

My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.
  Home | Feed: feed-icon.gif | About | Progress: June 07: $756,924 | Best of PFBlog | Product Reviews | PFBlog Digest | Disclaimer | Advertise | Contact Me

In Stock Market, US Senators Beat Averages

Contributed by mm | March 10, 2004 02:30 PM PST



You ought to believe certain groups of people have more investment acumen than others.

And as the study in this The Christian Science Monitor article concludes, the US Senators is one of such groups. "The study found that during the boom years of 1993-98, a majority of US Senators were trading stocks - and beating the market by 12 percentage points a year on average. By comparison, corporate insiders beat the market by 5 percent, and typical households underperformed by 1.4 percent." I cannot judge whether they have more information, or more intelligence than others.

Source: Tax Guru-Ker$tetter Letter

null

What do you think of this post? Be the first to share your opinions.
Similar Posts

Betting the Ranch: Risking Your Home To Buy Securities (March 18, 2004)
NASD published this usual Investor Alert against a growing trend of taking equity out of real estate and put to the stock market. NASD wrote: Read
ETF vs Vanguard, Who is Cheaper? (March 11, 2004)
When it comes to index investing, I always held the belief that ETF is a low-cost alternative to ordinary index-tracking mutual funds. However, according to the article "It's the Execution, Stupid" from Efficient Frontier, ETF (Spider and iShares) lost to Vanguard funds in seven out ... Read
Bullish Wall St Outlook in Doubt (March 08, 2004)
R Sivanithy's story Bullish Wall St Outlook in Doubt on The Business Times (the link may be expired; you may try to search for the article name in Google and fetch a cached copy) lists four major measures all pointing to an overvalued market: Read
Valuing Wall Street (March 08, 2004)
I recently read the book Valuing Wall Street by Andrew Smithers and Stephen Wright. The centerpiece of the book is the explanation and tets of q-ratio, a concept developed by Nobel Laureate James Tobin of Yale University. Q-ratio is defined as market value of assets ... Read

Read all 67 articles in the same category.
Comments
Add Your Comments









Remember personal information?







Mail This Post
Email addresses will never be collected or sold.
Email this entry to:

Your email address:

Message (optional):




Read More ... 67 Posts In The Same Category

08/26/05 | The Most Entertaining Earnings Conference Call of All Time | (2)
07/15/05 | Behavioral Finance and Decision Making Biases | (2)
02/19/05 | Online Brokerage Price War: Ameritrade, E*Trade, Fidelity and Schwab Involved | (5)
12/26/04 | Pure Coincidence? | (1)
12/24/04 | 2005 Love-Only-One Stock List | (3)
12/12/04 | A New Way to Hedge Your Home's Paper Profit | (1)
12/06/04 | How Fast Is Fast?
09/21/04 | Fidelity On The Offensive Again
09/20/04 | Price War in Index Funds? | (1)
08/20/04 | Stable-Value Mutual Funds May Die
08/17/04 | Build Wealth In Any Market | (1)
08/15/04 | Betting Against Dollar or Betting Against Buffett?
08/04/04 | Bond Investors Who Time Rates Face Host of Risks
07/30/04 | Investing Lessons from Martha Stewart
07/28/04 | How the 401(k) System Fails Most People
07/22/04 | The $32 Billion With a Bonus in Tax Breaks
06/18/04 | Retiring Early on a 401(k)/IRA Without Penalty
06/06/04 | Fundamentals of Precious Metal Market
05/23/04 | In and Out ... Then In Again
05/20/04 | Are You Ready To Be A Real Estate Mogul?
05/20/04 | How Losses Can Benefit Your Portfolio
05/19/04 | Value Investing's 10 Commandments
04/24/04 | Fidelity's New Customer Friendly Move
04/17/04 | Avoid Common 401(k) Investing Mistakes
04/08/04 | These Unsecured Notes are Risky Business
04/04/04 | The Financial Markets Are Leveraged For a Crash...
04/04/04 | Should You Still Be a Bull?
04/03/04 | The Last Vigilante Part III
03/29/04 | The 10-Year Mistake
03/28/04 | Gold At $1,000 Per Ounce?
03/22/04 | 5 Investing Lessons from Warren Buffett
03/18/04 | Betting the Ranch: Risking Your Home To Buy Securities
03/11/04 | ETF vs Vanguard, Who is Cheaper?
03/08/04 | Bullish Wall St Outlook in Doubt
03/08/04 | Valuing Wall Street
03/07/04 | Consider Your Options
03/04/04 | The Last Vigilante Part II
02/24/04 | Bearish Options Strategies
02/20/04 | The Presidential Portfolio
02/06/04 | An Unorthodox Earning Release
02/06/04 | How to Short the Market?
02/04/04 | Is a Correction Brewing?
02/04/04 | The Last Vigilante
01/10/04 | January 2004 Investment Outlook by Bill Gross
01/09/04 | A Scary Time for Stocks
01/03/04 | 2004 Investment Outlook
01/01/04 | The Great Humiliator
12/20/03 | Winning Streak in Election Years
12/17/03 | E*Trade 12b-1 Rebate Program
12/12/03 | Bill Gross's Latest Investment Outlook
12/11/03 | A Value Investor's Secret
12/10/03 | Real Estate & REITs: Is PE Relevant with REITs?
12/05/03 | Your Dividend Income May Not Enjoy The Tax Break
12/03/03 | NASD Investor Knowledge Quiz
12/01/03 | Dow 10,000 is Irrelevant
11/30/03 | Sin Pays for the Vice Fund
11/29/03 | Forbes Annual Love-Only-One Stock List
11/19/03 | Professor Bubble
11/16/03 | Follow the Bouncing Market
10/27/03 | The Waiting Game
10/21/03 | Is Amazon Overvalued?
10/18/03 | Web Feat




This page was last rebuilt at February 11, 2006 05:06 AM.

PREMIUM SPONSORS

Car Loans
Dallas Bankruptcy Attorney
Personal Loans
Car Finance
Homeowner Loans
Cheap Car Insurance
Mortgages UK & CCJ Mortgage
Used Cars
Loans
Commercial Mortgages and Business Loans
Guaranteed Car Finance
Payday Loan
Personal Loan
Student Loan Consolidation.com
Secured Loans
Bad Credit Loans - Free Quote

  buy ad here ...


SITE REVIEWS

Low Cost Loans
Cheap Loans
Google
Web PFBlog

CREDIT CARD RECOMMENDATIONS

Citi Dividend Platinum
American Express Blue Cash
Citi Driver's Edge
Citi Premier Pass
Discover More Card
Starwood PReferred Guest Credit Card from American Express
Citi mtvU for College Students
One from American Express





WHAT I READ

WSJ
CNN Money
SmartMoney
Kiplinger
Morningstar


AFFILIATED BLOGS

Credit Card Guide
Auto Insurance Tips
Term Life Insurance
Reverse Mortgage Guide
Personal Loan Blog

Mutual Fund Talk
Debt Consolidation Tips
Easy Mortgage
Bankruptcy Blog
Smart Annuity

Universal Life Insurance
College Savings
Retirement savings
Car Loan Tips
Stock Option Trading

Health Insurance Guide
Long-Term Care
Become A Millionaire
ETF Investment
No Identity Theft

Homeowner Finance
Payday Loans
Hedge Fund Report
Personal Tax
Smart Travel

PFBlog Digest
Money Blog
Insurance Blog
Saving Advice

 

 


POWERED BY

Easy Web Hosting $6.95