- Related To The Chapter Opener Jack Henry And Associates Is A Firm Located In Missouri That Provides Payment Processing 1 (26.85 KiB) Viewed 11 times
- Related To The Chapter Opener Jack Henry And Associates Is A Firm Located In Missouri That Provides Payment Processing 2 (23.53 KiB) Viewed 11 times
- Related To The Chapter Opener Jack Henry And Associates Is A Firm Located In Missouri That Provides Payment Processing 3 (23.05 KiB) Viewed 11 times
- Related To The Chapter Opener Jack Henry And Associates Is A Firm Located In Missouri That Provides Payment Processing 4 (27.24 KiB) Viewed 11 times
[Related to the Chapter Opener] Jack Henry and Associates is a firm located in Missouri that provides payment processing services and technology to banks and other financial firms. According to a column in the Wall Street Journal, "If you'd invested $1,000 in Jack Henry stock at the closing price on Sept 30, 1989, you'd have had $2,763,000 as of Sept 30 [2019]." If you had instead invested $1,000 in the S&P 500, it would have grown to only $16,000. Does this observation make a strong argument for investors to buy individual stocks rather than index funds? Yes it does identifying very profitable stocks ahead if time just takes practice and experience Relative to index funds, owning individual stocks is associated with more variability in your returns which can mean larger pol losses just takes practice and experience is very difficult
[Related to the Chapter Opener] Jack Henry and Associates is a firm located in Missouri that provides payment processing services and technology to banks and other financial firms. According to a column in the Wall Street Journal, "If you'd invested $1,000 in Jack Henry stock at the closing price on Sept. 30, 1989, you'd have had $2,763,000 as of Sept. 30 [2019] If you had instead invested $1,000 in the S&P 500, it would have grown to only $16,000. Does this observation make a strong argument for investors to buy individual stocks rather than index funds? Yes it does identifying very profitable stocks ahead if time just takes practice and experience Relative to index funds, owning individual stocks is associated with more variability in your returns which can mean larger potential profits but substantially larger potential losses more less
[Related to the Chapter Opener] Jack Henry and Associates is a firm located in Missouri that provides payment processing services and technology to banks and other financial firms. According to a column in the Wall Street Journal, "If you'd invested $1,000 in Jack Henry stock at the closing price on Sept. 30, 1989, you'd have had $2,763,000 as of Sept. 30 [2019)" If you had instead invested $1,000 in the S&P 500, it would have grown to only $16,000 Does this observation make a strong argument for investors to buy individual stocks rather than index funds? Yes it does identifying very profitable stocks ahead if sime just takes practice and experience Relative to index funds, owning individual stocks is associated with more variability in your returns which can mean larger potential profits but substantially larger potential losses but substantially larger potential losses and losses similar to those of an index fund - with little, to no potential losses