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Thanks for posting Dr. Madell's monthly newsletter. I always enjoy reading Dr. Madell's perspectives. In this month's newsletter ... Dr. Madell covers active management vs. passive (the market).
Below is an interesting quote from the newsletter.
"Out of all the 17 Vanguard mananged US stock funds that have been around for 15 years or more, 11 beat VTSMX over the prior 15 year period. The average return for the 17 was 7.57% vs. 6.72% for the Vanguard total stock market Index."
Comments
Thanks for posting Dr. Madell's monthly newsletter. I always enjoy reading Dr. Madell's perspectives. In this month's newsletter ... Dr. Madell covers active management vs. passive (the market).
Below is an interesting quote from the newsletter.
"Out of all the 17 Vanguard mananged US stock funds that have been around for 15 years or more, 11 beat VTSMX over the prior 15 year period. The average return for the 17 was 7.57% vs. 6.72% for the Vanguard total stock market Index."
Interesting? Yes!