> In John Bogle's “The Little Book of Common Sense Investing,” he notes that the average U.S. equity fund compounded at 10 percent from 1980 through 2005, while

> In John Bogle's “The Little Book of Common Sense Investing,” he notes that the average U.S. equity fund compounded at 10 percent from 1980 through 2005, while the Vanguard 500 Index Fund made 12.3 percent. Actively managed funds did worse than average, not better as the brokers would have you believe.[1] Lets see how it performs longer term (10 year period). [1]: http://paulmerriman.com/10-reasons-brokers-dont-like-index-funds/ http://paulmerriman.com/10-reasons-brokers-dont-like-index-f...