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Old 12-30-2016, 05:09 PM   #10
heep223
Could Care Less
 
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Anybody who is paying a PM 100bps+ to try and pick stocks to beat a market index, in developed markets of stocks and bonds, is ignoring a lot of research and data. Even worse than that is paying a stockbroker to manage your portfolio, who doesn't have a fiduciary duty to put your interests before his own interests. There is one US Equity mutual fund in Canada that has beat the S&P 500 over the past 5 years. One. This is only the beginning as well, as markets continue to get more and more efficient.

You can buy the US stock market for 3 basis points.
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