Whats even the point of picking stocks or actively management, when the S&P returned 30%? Why pay a wealth manager or a mutual fund fees to pick stocks that return less than this? Makes no sense. The future is index funds. Soon even the Private equity and other so-called alternative investment vehicles will see the light and dump their investments to buy an index fund. The US economy is invincible as long as the fed keeps up with the current monetary policy. We may have discovered the key to unlimited economic growth and prosperity which is monetary policy expansion.
Submitted January 13, 2020 at 06:20PM by clorox901 https://ift.tt/2RkjZKG
