Tom Roseen

Tom Roseen
account average equity expense fund funds investing lose next return sure tax taxes
Next year, I think the average equity fund will lose 1.5 (percentage points) of its return to taxes. If you don't like investing in funds that have an above-average expense ratio, I'm not sure why you'd want a fund with an above-average tax burden, at least not for an account where taxes are going to matter.
diamond good managers pays research
If managers find a diamond in the rough, good research pays off.
ability asset people
They are the people who have the ability to do asset allocation and diversify for us.
equity markets people ready
People are saying, 'Okay, I'm ready to go play in the equity markets again.
drag people radar screen tax
The tax drag is just a really big issue. People just don't have it on their radar screen yet and they really should.