Quote:
Originally Posted by 8k3
I agree, day trading on ones own without really knowing the ins and outs of the market is not wise. You mentioned investing in total market funds S&P 500 as an example? You seem to allude to the idea that managed funds, such as mutual funds, do not perform, is my understanding correct?
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Although
some managed funds can outperform, many do not. And you will always pay higher fees for an actively managed fund regardless of performance. An S&P index fund is a more cost effective way to invest in a blended fund that will give relatively the same performance as the S&P.