CincoDeMayo

Actually facts show investing in an S&P mutual fund or ETF will beat a managed portfolio over time. #Warren

So I say you’re doing just fine 👍🏻

I use a PCRA at my airline only because I want a mega growth ETF and it’s not offered in our plan, so I use the PCRA to allocate a percentage to the mega growth etf.

TransWorld

True for most. The S&P 500 beats 95% of managed mutual funds and actively managed accounts.

My high net worth investment management company is in the top 2%. They beat the market averages by a few percent (after fees) rather consistently over several decades. They go up more when the market goes up. They go down less when the markets go down. Few are able to do that consistently.

Huell

True ... however I think the one we have recovered from was just for ‘practice’. Will see.

Wings5

Do you mind sharing so we can all get in on it?

Smooth at FL450

And that right there is why most good managed funds can't repeat their performance. Too many new customers flood them with assets to manage, forcing them to invest outside of their plan. Rinse and repeat.

flyguy81

Just checked and by not touching a thing and keeping things in the age based index fund I’m at 5.5% for the YTD. Could be better. Could be worse. Check out the Sept 401k section of the RP....

flensr

Pretty sure the guy I know at Morgan Stanley who usually sets a floor around $3M in assets for new clients, wouldn't bat an eye getting a couple dozen new clients. He's got a DEEP well to tap and nobody here would move the needle. He's got a menu of choices for investors looking to move hundreds of millions around on a whim. Fund selection is important and a good management firm takes care of that for you. Or steals your money... Buyer beware.

flensr

My IRA is at 20%ish for the year and my best fund in that IRA is at 24.5%. It's from good fund selection after a bunch of research and I didn't sell or trade except to buy a bit more when things tanked. My more diversified 401k that is handicapped by somewhat lower performing choices is around 10% for the year. I can't even get at the money for another decade so it's biased heavily towards stocks and will remain that way for some time, so buy and hold ought to work out fine for my situation.

See below. That's not chump change, and it's not even close to the "best" in category. It's just waaay better over time than the defaults a lot of people stick with.

Next year, who knows. But the funds I choose for my IRA have long track records of beating the S&P 500 index and I researched the fund managers just as much as I researched the fund return history. Some managers are great, some suck, and a fund that was awesome but just changed managers could be super risky. I think most people spend more time picking their fantasy football teams than their investments...