If you’ve been told it’s impossible to outperform low-cost index funds because the market’s too efficient, you’ve been lied to.
The truth is, there many funds out there that have been beating the broader stock market for years. And here’s something really surprising: there are more funds pulling off this feat now than there have been in a long time!
In fact, across ETFs, mutual funds, and closed-end funds (CEFs), there are 7,643 funds that have beaten the S&P 500’s 7.62% return over the past year.
So much for not beating the market!
Besides the fact that not choosing the low-fee passive fund will get you superior returns, you might be also be surprised by one other fact I just threw out there: a 7.62% return for stocks in general over the past year.… Read more