It says replicate, not outperform. Just buy the Vanguard index fund. It's easy to replicate the returns on the index, you just use the dividends to pay the fe

It says replicate, not outperform. Just buy the Vanguard index fund. It's easy to replicate the returns on the index, you just use the dividends to pay the fees, since the S&P500 index includes only capital gains only and is not "Total Return" (include capital gains plus dividend).