Monday, March 10, 2008

Can You Beat the Market? It’s a $100 Billion Question - New York Times

Can You Beat the Market? It’s a $100 Billion Question - New York Times

Great article by Mark Hulbert on the costs of trying to beat the market. Americans spend on average $100 billion annually attempting to beat the market. But do they beat it? Nope.

Mark Hulbert's bottomline: "The best course for the average investor is to buy and hold an index fund for the long term. Even if you think you have compelling reasons to believe a particular trade could beat the market, the odds are still probably against you."

I agree 100%.

Scott Dauenhauer, CFP, MSFP, AIF
www.meridianwealth.com
949-916-6238