Simply by cutting excessive equity fund
January 23, 2019
“Simply by cutting excessive equity fund costs to the bare-bones level, index fund investors (a) virtually assure themselves that the fund they select will endure, surviving vagaries of times that have carried so many funds to an early grave; (b) substantially eliminate the huge risk of selecting a losing fund; (c) relinquish only tiny opportunity of selecting a winning fund; and (d) assure themselves of nearly 100% of the market’s annual return.” – John “Jack” Bogle
