It’s a piece of advice so common I’m sure you’ve heard it a million times. Too bad it’s dead wrong.
I’m talking about the so-called “wisdom” that index funds always beat funds with real, live human managers.
Before I get into why it’s wrong—and show you 10 smartly run funds that easily beat their ETF cousins (while dropping an unheard-of 7.5% average dividend into our laps)—let me explain the problem here.
First, I should say that there are cases where index investing makes sense. If you’re 20 years old and you’re putting 10% of your income into a retirement fund, planning to retire when you’re 60 and won’t touch your savings till then, index investing may work for you.…
Read more
Recent Comments