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> The market cannot be beat On average, and when bench-marked against itself taking into account fees. There are funds that consistently beat the market, that
by jamez1 10y ago
> The market cannot be beat
On average, and when bench-marked against itself taking into account fees. There are funds that consistently beat the market, that you should put money into over the index if given the chance.
But your general notion that the average person shouldn't try is a good one. At the end of the day you have to earn money because you took it from someone else. To think that there is a dollar for everyone is to ignore this simple truth.
- deleted 10y ago[deleted]
- stouset 10y agoOf course some funds beat the market. The problem is, there is no reliable way to know what those funds are until after they have done so.
- jamez1 10y agoIt depends on your definition of reliability. Is driving a car reliable? There's no way of knowing it will crash but that doesn't stop you from getting in one. You see it as a problem, if you are used to the idea of earning money instead of taking money I get that angle. But to investors it's not a problem but a fact of life.