Posted on 12/13/2022 9:36:50 AM PST by SeekAndFind
Point well taken. Actually, the numbers in the mutual fund industry are even more stark. 95% of equity mutual funds underperform relative to the S and P stock indices. Folks that invest in the blind S and P indices through an ETF stand a 95% better chance of outperforming a equity mutual fund over the long term unless, of course, the fund is managed by a bunch of
chimps with darts, who will also outperform the mutual fund analysts
Meanwhile, $249 BILLION dollars in the hole just last month (November deficit)...let it sink in, IN ONE MONTH - money we didn’t not have.
Perilous economic situation as nation does not even begin to remotely describe the situation this country is in and will endure.....
Inflation won’t stop until the pols stop printing money. Which they won’t.
Congress just authorized themselves to spend 1.7 Trillion in the omnibus bill. It will flood the market with lots of new money.
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