This chart will give stockpickers everywhere nightmares
|08/13/2017||Posted by BusinessMediaguide.Com under General World News||
The passive investor revolution has been well-documented by now.
Ushered in by Vanguard’s legendary founder Jack Bogle, low-fee investing in indices and exchange traded funds (ETFs) has been booming, with Americans moving more than $1 trillion from actively managed funds to passive funds in the past decade.
Stock pickers are actually having a pretty decent year in 2017 — which, for their standards, means a little more than half of them are beating their benchmark.