How to Buy a Glider Afordably, or Euro vs ContraFund

I see you guys need to take in course in Investing 101.

"Chasing returns" means buying a fund that is the top category
performer in a given time period, be that a month, quarter, or year.
Then, at the end of that period, you sell that fund and buy whatever is
the new top performer.

I, on the other hand, find fund managers (note that I didn't say
"funds") that are consistently in the top 10-20% of their peers over a
long period of time. In the case of the Contrafund they have been in
the top 20% for a 10 year period. This does not happen by luck. And I
don't think they were THE top performer in any of those years, but that
is unimportant to me. Rarely do I have to dump a fund that has been a
consistent performer in the past, but it does happen. I am a long term
investor, a bad quarter or two can be overlooked.

Your complaint about the expense ratio shows you haven't done your
research: the Contrafund is one of the cheapest in its category, which
is 1.26%. Believe it or not, but you have to pay these guys to manage
your money. Perhaps you are independently wealthy and work for free,
but I have no idea.

Tom