Choose Carefully

MarketWatch's Chuck Jaffe looked at all the active funds over the last eight years and tallied up the number that beat the S&P 500 in each of those years.

You can count them on one hand and have a thumb left over.

Now you have a choice. Do you say:

1. Man! that's a hell of a track record - I'm buying some of that fund! - or - 
2. Mmmm - looks like the odds of consistently beating the market are pretty darn slim - I'll stick with index funds.

Choose wisely.

For the original article click here.

For The Reformed Broker's take (succinctly put) click here.