Daily Archives: April 13, 2012

Financial Advice Can Be Dangerous Too

It’s widely recognized that actively managed investing strategies generally face an uphill battle vs. indexing. The evidence at this late date, after countless studies of real world track records, is persausive if not overwhelming. And the empirical clues keep adding up, as The Wall Street Journal reminds. What’s true for individual asset classes tends to apply with multi-asset class strategies too. That alone is enough consider indexing in a strategic context, but there are other incentives. Looking for financial guidance from certain professionals can also eat away at your wealth, warns a study that analyzed recommendations by advisors

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