FYI: The S&P 500 hasn’t had a negative return for nine years now. There’s been some volatility in 2018 but overall things have been going pretty well for a while now.
When things are going well in the markets it can become easier for investors to focus on the minutiae.
Instead of focusing on the big picture — documenting your investment plan, asset allocation, diversification, financial planning, etc. — we start arguing about a few basis points in fees, the best formula for factor investment strategies, active vs. passive debates, and the like.
Regards,
Ted
http://awealthofcommonsense.com/2018/05/bad-advice-can-be-expensive/
