Richard Ferri and Alex Benke have recently published a great article entitled A Case For Index Fund Portfolios. The article is available in this month's Journal of Index, here. In essence, you are statistically much better off investing in a portfolio of index funds versus a portfolio of actively managed funds. And as additional asset classes are added and as your holding period becomes longer, this index fund portfolio beats the portfolio of actively managed funds 90% of the time, even with low-cost actively managed funds.
Wednesday, January 1, 2014
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