HERE’s a great article showing that active managers rarely beat their benchmarks, and their historical performance have been disappointing to say the least. Once you include an active managers' costs, which are typically 6-8x a passive manager's costs, it makes defending their employ even more difficult. Just to get on even ground with a passive manager, you would have to overcome those costs, and people just can’t do it consistently.
At Runey & Associates Wealth Management we use a low-cost passive investment management style to capture global market returns. Passive management typically results in higher long-term performance than active management simply because of the drastically lower costs. Those lower costs translate to more money in your pocket, which means more travel and less anxiety for you. If that sounds like what you’re missing, give us a call today!
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