Why the Average Mutual Fund Return Stinks
This is a guest post written by David Lewis
I’m going to go out on a limb and say that managed mutual funds should not be long-term investment vehicles. Very few people are experiencing stellar results. DALBAR Inc. has gone on record to say that the average mutual fund return is less than the index it is made up of.
There is one reason that products are sold in the financial world, and that is to make money. It doesn’t matter what you buy: insurance, annuities, mutual funds, stocks, bonds, ETFs, or anything else. The only question is,
How efficiently can you buy these products?Read More →