Quote:
Originally Posted by chedder
Anyone that tells you they can match or beat 'market' (whatever that means) returns and avoid most of the drops is at best a liar. Especially after fees.
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Especially buying the index…you know, because there’s zero percent chance of doing this. The thing is, there’s no such thing as passive investing. Once you accept that, you move to what kind of active investing you want to do and how you want to implement that.
And let me be clear about the “beating the market” part. It’s entirely irrelevant. People are trying to reach specific goals and with risks they can tolerate.