Here’s an obvious one: investing in actively managed mutual funds when one could invest in index funds instead. (Investing in index funds is not always an option—if your organization’s pension plan hires an idiot money manager, what can the average worker do about it?)
Here’s an obvious one: investing in actively managed mutual funds when one could invest in index funds instead. (Investing in index funds is not always an option—if your organization’s pension plan hires an idiot money manager, what can the average worker do about it?)