DD Support Board and Research Team

[bar1080]

ONLY if you're from Lake Wobegon... where everyone is ABOVE average.

"Similarly, a common criticism of index funds and exchange-traded funds (ETFs) is that they bring you “average” results. They don’t. They provide market results, minus a very, very tiny management fee. If the S&P 500 returns 8%, an index fund tracking the S&P 500 index gives you virtually the same return.

It would be awful if, in fact, you were stuck with the “average” return of most small investors. The market research group Dalbar has it figured that the typical small investor underperformed the S&P 500 by 4.32% a year over the past two decades.

http://www.forbes.com/sites/mitchelltuchman/2013/03/08/the-investment-news-from-lake-wobegon/