FYI: About 27 years ago, investment columnist Scott Burns created the Couch Potato Portfolio. Like many great ideas, it was elegant and simple. It was a split between a stock market index and a bond market index. Like Dorothy in The Wizard of Oz, Scott Burns pulled the curtain back on Wall Street and its brokers.
Between January 2001, and September 30, 2018, it would have earned a compound annual return of 8.30 percent. That would have turned a $10,000 investment into almost $92,000.
Brokers have been fighting Scott’s wisdom for years. They say you can’t beat the market with an index fund. That’s true, but most actively managed funds can’t beat the market either.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/should-you-add-some-actively-managed-funds-to-your-portfolio-of-indexes
