Wall Street has a big secret.
They use it to manipulate you.
The secret is….
They are terrible money managers.
Most actively managed mutual funds don’t equal (much less beat) the returns of a comparable low-management fee index fund, especially over the long-term and after taxes.
Wall Street hides this fact.
They try to persuade you that investing is terribly complicated. They want you to believe you should turn your investments over to the “experts.” Them.
Don’t believe it.
Most investors would be far better served owning a globally diversified portfolio of low management fee index funds.
You don’t need Wall Street’s “experts” to do that.
The cat’s out of the bag. Don’t be fooled any longer.