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Want to beat Wall Street? Here’s how

As we rumble along with what is now the longest bull market in history, it’s worthwhile to look back and ask: Could you have done better by doing something different?

The clear answer from Morningstar is “almost certainly not.”

The investment research firm produces a report every six months it calls the “Active/Passive Barometer.”

The report is meant to answer a basic question, whether investors should use expensive actively managed funds or simply own low-cost index funds that track the stock market.

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