Enclosed is link to a terrific write up by Dan Solin....it shatters the myths of ....
* 'expertise' in active investing like picking future winners looking at past performance,
* 5-star fund ratings (obviously done in hindsight) and
* some of the 'brightest minds doing sophisticated investment analysis'.
It is time to switch to the simplicity of passive index investing i.e. broad market cap weighted index funds that capture market rate of returns-whatever that maybe.
For me the 'market rate of return' over the long-term is a reflection of the benevolence that is offered by capitalism, enterprise and the free market system.
http://www.huffingtonpost.com/dan-solin/new-index-returns-astound_b_792002.html
* 'expertise' in active investing like picking future winners looking at past performance,
* 5-star fund ratings (obviously done in hindsight) and
* some of the 'brightest minds doing sophisticated investment analysis'.
It is time to switch to the simplicity of passive index investing i.e. broad market cap weighted index funds that capture market rate of returns-whatever that maybe.
For me the 'market rate of return' over the long-term is a reflection of the benevolence that is offered by capitalism, enterprise and the free market system.
http://www.huffingtonpost.com/dan-solin/new-index-returns-astound_b_792002.html
No comments:
Post a Comment