3 Disrespected Funds That Crush the S&P 500
September 26, 2017 at 06:00 AM EDT
You’ve probably heard the “wisdom” on mutual funds a million times. It goes like this: mutual funds collect high fees and most still fail to beat the market, so why bother when you can buy a low-cost index fund, like the SPDR S&P 500 ETF (SPY) or the Vanguard 500 ETF (VOO), and tag along with the market’s performance? To be fair, it hasn’t been a bad strategy. Look at the total return those funds have posted over the last five years: Indexing Has Paid Off—But We Can Do Better Nearly doubling your money in half a decade is nice—but does that really mean mutual funds are ready for the dustbin of history? … Read more