If you’ve been told it’s impossible to outperform low-cost index funds because the market’s too efficient, you’ve been misled.
The truth is, there are many funds that have been beating the 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 3,594 funds that have beaten the S&P 500’s 24.3% return since the start of 2019.
So much for not beating the market!
That leads me straight into the two things I want to discuss with you today:
- Why now is still a great time to buy, even with stocks near all-time highs, and …
- Why you’ll give yourself better odds of beating the market, and grab far higher dividends, if you go with actively managed funds, particularly CEFs like the technology-focused fund yielding an outsized 6% now that I’ll tell you about shortly.