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Reply to "Index funds vs actively managed mutual funds"
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[quote=Anonymous]We only invest in index funds through Vanguard these days. We made this change after I started looking at the fees we were paying on our actively managed mutual funds that were in an actively managed account. Most friends I speak to have a sense of the performance of their investments but not the fees. The fees can really add up and undercut performance gains. I’ll add that I feel less burdened by investing in index funds. I’m placing my faith in the markets than in the fleeting brilliance of one fund manager or another. I no longer worry about whether I’ve made the right investments. My brother is in finance and has argued with me that some funds do consistently outperform the markets but I have no confidence that I’ll pick the right funds. I’m not in finance and have found that those in finance really do have the upper hand at the expense of average investors. [/quote]
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