When you hold investments for 20, 30, 40 years, almost all look good. Even my laggards have huge profits. That's how bad funds survive. But nowadays it's easy to precisely compare investments against benchmarks like the S&P. No question the public is moving away from active management and into passive funds.
Same thing with home prices. For 95% of Americans -- those who live in places like Detroit and not Silicon Valley -- homes aren't real money makers. Home have advantages, but very few people get rich from owning one.
With 401Ks large companies have probably gotten better at directing their employees into good investments. Including index funds.
off to work...
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Because the Good Life is Just a Pump or Two Away