Understanding the edge enjoyed by people who run pension money can make you a smarter investor.
Are you happy with how well your mutual funds are doing?
Didn't think so. Over the long run, two-thirds of stock funds deliver less than the market as a whole - a performance most of us can stomach, barely, when stocks are doing well. But in a market as stingy as the one we've endured since 2000, below-average results really hurt.
So are mutual funds doomed to underperform? Not necessarily, and new research shows how you can find better funds more reliably.
Experts have long struggled to explain why pension funds - the big pools of money run for traditional corporate and government retirement plans - tend to outperform mutual funds even when they're run by the same people investing in the same stocks.
Thursday, September 25, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment