Still think index funds are boring? In the last five
years Vanguard's index 500 fund has beaten actively managed large-cap funds by
an average of 1.73% each year. Think that doesn't matter? Over 20 years of
steady annual investing that difference could cost you 20% of your money which
might be tens of thousands of dollars. (Source:
Morningstar in the Economist online 2/13/15)
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
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