I'm a big fan of index funds, particularly Vanguard's 500 Index and any EAFE (international) index.
I feel, however, that indexes like the S&P 500 could be "tweaked a bit" by excluding those sectors or industries of the economy that have traditionally not done well in a long time.
For example, I'd be interested in an S&P 500 index fund MINUS industries like food production (which has posted negative returns in profits AND shareholder value for the past 10 years!) and several others. Is this a sound strategy?
On a similiar note, is there any website that shows a COMPLETE history of economic sectors of the stock market? I'm interested in finding if any one sector has consistently beaten other sectors of the market over 20 or even 30 years of time (not interested in YTD, 3 or 5 year charts, though).
Thanks for your help.
2007-05-27
09:33:04
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9 answers
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asked by
Anonymous