Not exact matches
Selecting 3 or 4 stock and bond index mutual funds is enough to
outperform most active
managers and robos over the long term, and you will save more
money with reduced fund expenses, lower turnover, and no ETF - related costs.
Since
most managed mutual funds fail to
outperform simple index funds, and many
money managers and advisors aren't going to deliver results that beat them, either, it can make good sense to just park your hard - earned dollars in inexpensive index funds, such as the SPDR S&P 500 ETF (NYSEMKT: SPY).
This approach generally has been vindicated in the past, as value investors tended to
outperform a majority of
money managers over full market cycles; and this outperformance has been achieved principally during bear markets, by losing less than
most.
In contrast, the goal for
most conventional
money managers seems to be to achieve near - term price appreciation for the common stock and / or to
outperform a benchmark as consistently as possible.