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Retirement: Second Place Wins The Race

Forbes - 3 Dec 2014 20:49
Can you beat the market these days? Should you even try? Increasingly, the resounding answer for retirement investors is "no" and "save your money." Wall Street blows a lot of cash on the idea that everyone should somehow beat the market. Try $600 billion a year in fees. Yet the financial research theory, now decades old, has finally proven true. Your odds of getting a better return than the overall market are now vanishing small — less than one manager in 100 can do it. Could you pick that m...
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