96% of Active Fund Managers Underperform the Market
Posted on April 1, 2010 , filed under Stocks | Print This Post
Taken from the video:
Citing Forbes research, Town says 96% of active fund managers underperform the market over periods of 15 years or longer.
My advice is to pick an Index fund, like the Vanguard 500 Index Investor (VFINX), if you don’t feel comfortable actively managing your stock portfolio.
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