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That's very fair. Index funds are conventional wisdom now, but I do suspect there was a long time where they were undervalued because fees were high. Now, every
by fasthands9 1y ago
That's very fair. Index funds are conventional wisdom now, but I do suspect there was a long time where they were undervalued because fees were high. Now, everyone is encouraged to invest in them and do think the conventional wisdom in 30 years could possibly swing back to real estate or something like "index funds of tech"
- kgwgk 1y ago> Index funds [...] fees were high According to https://corporate.vanguard.com/content/corporatesite/us/en/corp/who-we-are/sets-us-apart/our-history.html https://corporate.vanguard.com/content/corporatesite/us/en/c... they were 0.35% in 1990. Higher than now, but hardly "high". Of course there are other fees involved and everything was more complex and more expensive.