Why Investors Underperform the Funds They Invest In (And What to Do Instead)
Most people assume that if they pick a decent mutual fund, they’ll earn what that fund earns. They don’t. Research by Dalbar a financial services research firm that has tracked this gap for over three decades found that in the 30-year period from 1984 to 2013, the S&P 500 returned 11.1% annually. Equity fund investors? … Read more