money jungle

Ben Stein on Life, Happiness, and Index Funds

Posted in ben stein, index funds by moneyjungle on October 14, 2007

This week’s Ben Stein column contains some sage advice on life and investing, as well as a few picks for low-cost index funds:

  • FSTVX — Fidelity Spartan Total Market Index, which tracks the Wilshire 5000
  • EEM — iShares MSCI Emerging Markets ETF, a developing countries ERF
  • EFA — iShares MSCI EAFE Index Fund, an Asia-focused ETF

Why am I such a big Ben Stein fan? His columns, of course. But also his byline: he bills himself as a “lawyer, writer, actor, and economist.” You could spend a lifetime working to (credibly) call yourself a member of any one of those professions, let alone master them. He does all four. In an age of incredibly competitive, specialized careers, I find this comforting and inspiring.