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05-22-2022, 08:43 AM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,870
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Thanked 5,109 Times in 1,955 Posts
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Quote:
Originally Posted by Toymeister
All these bright individuals on this topic!
I feel like such a fool by buying low cost indexed funds and dollar cost averaging. Sure, it made me a millionaire but if I was as brilliant as the market timers here I would have more!
But probably vastly less and I'd still be working...
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"For example, 85.1 percent of actively-managed large-cap funds underperformed the S&P 500 last year, according to SPIVA data from S&P, which measures the performance gap between actively-managed and index funds. In 2021, some 79.6 percent of all domestic U.S. funds underperformed the S&P Composite 1500, the S&P equivalent of a total market index."
From: 'The democratization of investing': Index funds officially overtake active managers
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"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
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