Somethings are better seen then read. I found this infographic over at DailyInfoGraphic.com by Michaela Lacy. It shows what I have mentioned in this blog multiple times, which is that active management cannot consistently beat the market, and below are some good statistics that support this argument.
Read MoreLPL Financial shut down its registered investment advisor which targeted middle class America because the company did not meet expectations for growth. I guess LPL realized that it is more profitable to push commissioned based products rather then provide objective fiduciary advice
Read MoreOne of the arguments proponents of active management use is that active managers are better able to react to downturns. Well, it looks like this may not be the case, based on a recent study which looks at 20 years of mutual fund returns.
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