4 ms·
I have read, and heard from multiple financial professionals, that these work best in low interest rate bull markets, and are more likely to underperform active
by WalterSear 4y ago
I have read, and heard from multiple financial professionals, that these work best in low interest rate bull markets, and are more likely to underperform active management strategies in more turbulent and difficult financial environments, such as the one we are entering.
- zamnos 4y agoThe phase you're looking for is tax loss harvesting. A good money manager on a good fund will be able to take advantage of that in a down market, leading you to greater riches when there's a bull market. You can do it yourself, but you can also pay a professional to do that work for you, hence the fees on a given fund.