Thursday, April 16, 2009
Active or passive?
Open your mind to both investment approaches.
The mutual fund industry is inundated with misleading numbers. In particular, you've likely read an article or two that refers to some study that has shown how most actively managed funds have failed to beat their benchmarks over the long term. The inevitable conclusion would have been that everyone should buy low-fee, index-tracking exchange-traded funds (ETFs) because you're unlikely to pick a mutual fund that will give you a higher return...
Morningstar (CA): Active or passive?
The mutual fund industry is inundated with misleading numbers. In particular, you've likely read an article or two that refers to some study that has shown how most actively managed funds have failed to beat their benchmarks over the long term. The inevitable conclusion would have been that everyone should buy low-fee, index-tracking exchange-traded funds (ETFs) because you're unlikely to pick a mutual fund that will give you a higher return...
Morningstar (CA): Active or passive?
Permalink posted by markw @ 4:56 AM 
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