A mutual fund can beat its benchmark while its investors do not. A mutual fund whose benchmark is VFINX and returns a 1% larger gain but has 2% in fees puts less money in the pockets of the investor. The fund managers incentives and yours may not be aligned.7 8 When one considers th...
In the past, some investors were nervous about giving up oil companies in their portfolio, because while it was a dirty substance, it was also what made the world go round – which meant it was a cash cow. Now, however,oil is on its way outas renewable energy and battery storage have...