Quote:
Originally Posted by lukeh
Okay, 5 years isn't enough...I can see that. What if I gave you the symbols of funds that beat the S & P over the past 20 years, 40 years, 60 years or even 80 years (and I can)? Then why would you take the index over those managed funds?
I get the entire fee thing but we are talking rates of return after fees. If over 40 years managed fund XYZ after fees has beat the index why does it make more sense to invest new money in the index?
Maybe I'm not seeing it but if for 30 years car A has been going around the track faster than car B why would I bet money on car B? It seems like it would be a mistake to bet on the car that has a worse historical track record.
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OK, 20, 40, 60 years beating the S&P500 after fees, yeah, that sounds like a good deal.
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Steve
'08 Boxster RS60 Spyder #0099/1960
- never named a car before, but this is Charlotte.
'88 targa
SOLD 2004 - gone but not forgotten