Josh Brown at The Reformed Broker highlights “the futility of hiring stockpicking managers – especially in a mutual fund wrapper – and paying extra fees for their skills.”. Read the full article here >>
Carl Richards nails it again: “Let’s go back to the idea of beating the market. I know of no study that contradicts the truth of the high improbability of doing so. Assume we know this fact and do believe it’s very unlikely we’ll beat the market. Why, then, do so many of us act contrary Read more about Investing Against the Odds, and the Facts[…]
Carl Richards nails it again: “Clearly there’s no reason to be bored… at least until your balance drops to zero.” Read the entire article >>
Ty A. Bernicke does a nice job of summarizing the many costs associated with owning a mutual fund. Suffice it to say, the average mutual fund investor is needlessly giving away 30% – 50% (or more) of his annual returns. Read the full article here >>
I’ve been an approved DFA advisor since 2006. I’ve always been proud to be associated with what those of us “in the know” know to be the best mutual fund company on the planet. And I always knew that we were few-and-far-between. But I had no idea that of the relatively small percentage of advisors Read more about How to Manage a Mutual Fund Company[…]
Rob Carrick of the Globe and Mail correctly notes that investors should follow one simple rule: “If you want the best chance of success as an investor, use an indexing approach and forget about actively managed mutual funds.” Read the entire article >>