Читать книгу Millionaire Expat - Andrew Hallam - Страница 34

1 Index funds (or ETFs) beat most actively managed funds over time.

2 While some actively managed funds beat their counterpart index funds, you'll never know which will win ahead of time.

3 Nobody can predict what stocks or what economic sectors will perform well in the future. Most active mutual fund managers, hedge fund managers and college endowment fund managers try. But as a result, they lose to similar, risk‐adjusted portfolios of index funds.

4 Most people buy funds with hot track records or they follow a guru with a “winning record.” Don't do that. Funds that win during one time period typically underperform the next, whether they're actively managed mutual funds, hedge funds or college endowment funds.

5 If you mention index funds to most financial advisors, most of them will try to fight you. Hold your ground. And remember that most financial advisors are not bad people. They are just undertrained and dealing with a conflict of interest.