FYI: I DON’T WANT to pay for things that aren’t useful—and I’m not interested in wasting money. Nobody is.
For instance, over the past 15 years, 89% of actively managed U.S. stock funds failed to outperform the broad U.S. stock market, according to S&P Global. Why would people waste their money and continue to pay for something that isn’t useful? Turns out, people aren’t. We’ve seen money flooding into lower cost, passively managed index funds.
Regards,
Ted
https://humbledollar.com/2019/04/taking-advantage/