tag:blogger.com,1999:blog-19902038.post8554410630605468830..comments2023-10-25T20:39:53.572+05:30Comments on Graham to Livermore, I want to be all: Sensex an underperformer over the last 15 years!Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-19902038.post-22189979390009977212007-02-20T23:20:00.000+05:302007-02-20T23:20:00.000+05:30Anonymous: Good point. However, one needs to think...Anonymous: Good point. However, one needs to think about the following: a).long & short term gains were not tax-free b).there were no index funds available, so u were really looking at managing the index basket on your own, which means incurring transaction costs (and mind u those were substantially higher in early-to-mid nineties) and c).index constituents have undergone dramatic change over this period, thereby resulting in high amounts of churning in the overall index portfolio.<BR/><BR/>I think net-net both the investments would have produced similar results give or take 0.5-1 percentage points.Ravi Purohithttps://www.blogger.com/profile/17616076999283569192noreply@blogger.comtag:blogger.com,1999:blog-19902038.post-75320053738968825082007-02-20T22:25:00.000+05:302007-02-20T22:25:00.000+05:30What about the taxes. Is it possible to keep reinv...What about the taxes. Is it possible to keep reinvesting the interest earned on a FD without paying tax on it?<BR/>Also what about dividends on the sensex and reinvesting them?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19902038.post-11191408699482231632007-02-01T13:41:00.000+05:302007-02-01T13:41:00.000+05:30What u r saying sounds very interesting. Keep up t...What u r saying sounds very interesting. Keep up the good work.Anonymoushttps://www.blogger.com/profile/03486909360637277081noreply@blogger.com