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Wrong. Even if everybody invested in index funds, you would still be subject to the market fluctuations and the very important decision of when to buy/sell. For
by coliveira 11y ago
Wrong. Even if everybody invested in index funds, you would still be subject to the market fluctuations and the very important decision of when to buy/sell. For example, for the period of 1999/2012 the gains in an index fund are very small or negative. So, although reducing your fees is a smart move, it doesn't automatically translate into profit as you imply.
- dap 11y agoThe NYT has a useful visualization of S&P 500 returns over various periods since 1920: http://www.nytimes.com/interactive/2011/01/02/business/20110102-metrics-graphic.html http://www.nytimes.com/interactive/2011/01/02/business/20110...