Bozeman

Mutual Fund Investment

Reading John Bogle's The Little Book of Common Sense Investing.

This book totally convinced me that buying an index fund is the best way to go:

(1) Index fund has low cost. The expense ratio of Vanguard 500 index fund is only 0.18%, while the average ER of actively managed funds is 1.5%!

(2) Index fund is tax efficient. "Taxes are a crucially important financial consideration because the earlier realization of capital gains will substantially reduce net returns. Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes." (page 67)

Holding a low-cost index fund is holding the beauty of simplicity, while it is the most efficient and least risky choice of equity investment.

器材

我发现器材是很重要的，器材顺手了，就能大大燃起我对摄影的兴趣。

这个SB800太好了（主要是自动高速闪光功能），D200也不错，二者拍人像很趁手。比之以前的SB28+F100好用，科技确实在进步。

摄影真的是非常非常非常，好玩的。

人生还是不错的，虽说要辛辛苦苦挣钱，可是却有那末多东西可以玩，赫赫。

想玩的东西还很多，比如
8x10，
4x5 红外，
影室人像，
新大幅打印机，
等等。

罪过啊

又花钱买器材了，罪过啊罪过。犹豫了半天，最后还是闭了眼点了 Place order 。

从昨天起，开始多自己做饭，中午带饭，嗯。