<< The claim is that the 98 returns have been 74% & 34% respectivly. Can this be true? >>Well, since 85% of actively-managed mutual funds fail to match the S&P 500, 15% of them must beat it. The catch is, how do you identify them? Do the same 15% beat the index year after year? How do you pick next year's hot funds, today?Fools suggest that our time is better spent researching stocks. Or, if you don't care to spend the time, buy index funds or the Foolish Four.
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