Why the Dow is a useless market index

Re:Why the Dow is a useless market index by obblekk on Sunday April 09, 2017 @09:09PM (#14075292)

This is only true for small amounts of money.

  Instead of using a single ETF or Index Fund to invest in 
  U.S. stocks, Wealthfront's Tax-Optimized Direct Indexing 
  directly purchases up to 1,001 individual securities on 
  your behalf — up to 1,000 stocks from the S&P 500® and S&P 
  1500® Indices and an ETF of much smaller companies.

From Wealthfront's website: https://blog.wealthfront.com/introducing-direct-indexing/

Analysis from bogleheads: https://www.bogleheads.org/forum/viewtopic.php?t=152903

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Re:Why the Dow is a useless market index by tanderson92 on Monday April 10, 2017 @01:13PM (#14080485)

Thanks, good point.

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