Quote:
Originally Posted by ReynardMuldrake
That's a very broad brush you're using. You make it sound like no one has ever made money buying a stock, which is just silly.
|
That's not what he said at all. He said that lots of people are making money off stocks, but the experts don't beat the average market return by enough to cover their fees over the long term.
In other words, you'll make just as much money buying a no-fee index fund as you would if you purchased an actively managed fund.