/biz/ - Business & Finance

>>23485502
>what do you guys think of dave ramsey and mutual funds?

>>23409018
90+% of mutual funds (and probably hedgies) literally try day and night to beat buy and hold retards

>>23379809
>That's stupid bullshit
No, it's what the data says
>a "professionally managed fund" can't just yolo into Gamestop on a whim
On average, such yolos lose. For every meme like GME there are hundreds of failures like KTOV, IVR, SAVA, SHIP, etc.
And honestly, the odds and fundamentals are "better" for sports betting. You can even leverage up to your eyeballs with it.

>>22197957
VTSAX or any of its competitors + small exposure to 3 hand picked stocks. Don't have to worry about business cycles, being frontrun by algos (like TSLA with SP500), etc. The expense ratio is also some of the lowest you will find. You can also do equivalents for the SP500, NASDAQ, or DOW. Don't worry about world funds, most american companies are already international.
Disregard this poster
>>22197995
>If you don't wanna watch the market, just buy Mutual Funds lol
No. Mutual funds are a waste of money designed to pray on the ignorant and afraid.

>>21360277
Index funds because 90+% of mutual funds can't beat them and charge much higher fees. They pray on the weak and fearful. A lot of them have rebranded themselves as hedge funds instead. Still lose to index funds.

>>20843224
>What's recommended these days? Single stocks or mutual funds/etfs? I'd rather have something I can DCA into passively so I'm thinking mutual funds. Any recommendations?
Actively managed mutual funds are just vehicles to charge you fees. The standard low maintenance, low risk, good (not great) return, and low expense option that is diversified are index funds. Index funds are passively managed mutual funds that track some sort of index. 90/10 total stock market index funds/total bond market index funds will outperform a great deal of any micromanaging you or anyone else might do for you. Index funds are highly competitive with each other that works to your benefit. Vanguard, Fidelity, Schwab, etc. all have very similar options.
Consider a few single stock picks to make the market interesting for you. Of companies you know and like. But don't put too much in there (maybe 5% max of capital).

>>20138154
Mutual funds lose to index funds. Period.
Hedge funds lose to index funds but only rich people use them and so they rarely care to check this.
There are literal mountains of evidence and data to support this from the late 90s. There are lots of reasons as to why. Wall street gets their returns from fees they charge to manage your money instead of from their actual performance.
Don't bother with equity funds. Buy VTI if you want to hedge against almost all risk, but limit returns, and put 10% into a similar bond portfolio and be done with it.

>>20134696
Yes, there's good data proving this. What I don't know however is how professional investors manage to be so terrible at what they do and why they're often worse than if they randomly selected stocks.

>>17259697
>>17259749