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Re: bar1080 post# 1510

Monday, 11/25/2024 4:36:05 PM

Monday, November 25, 2024 4:36:05 PM

Post# of 1554
I did recently. YTD S&P + 26.24.....I was +29% a few weeks ago and it has gone higher recently....and I have some muni bonds in my portfolio.
I haven't compared my American Funds IRA lately, but almost every year it has beat the S&P 500 with far lower beta. In fact, I can't recall a year it hasn't.
Most people on IHUB are dumb and have no clue that they are doing things backwards. I would never use the S&P index fund. It is the only one guaranteed not to beat the market. Sadly though, most mutual fund managers fear losing their job more than outperforming the market, so most do underperform.
When you're buying the Index, you're pretty much buying about 6 stocks and I own those on my own anyway, but I'm not stuck in them like the fund is.

https://www.capitalgroup.com/advisor/investments/americanfunds?shareclass=A&pricing=NAV

Just my opinion, of course.

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