Quote:
Originally Posted by 911pcars
Those who are more risk-adverse can invest in a mutual fund that carries a proportion of APPL or fast-food, whatever your investment interests are. Rely on the research the fund managers provide.
Sherwood
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And then more often than not you'll fail to beat the indexes.
It's legalized gambling. Even very smart, super experienced fund managers who have teams of researchers usually don't beat whatever the broad indexes (i.e., the level of the markets in general) are doing.