HI Bill
Thinks s/he gets paid by the post
- Joined
- Dec 26, 2017
- Messages
- 2,565
The lesson is that lowest costs matter, along with a very rigid investing philosophy, along with being a shareholder-owned company.So what's the lesson? Use past performance as a tool to decide where to invest?
Of course, past performance doesn't indicate future performance. But when looking at those numbers over those time periods, I'm not betting on the underdogs right now.
But....some of the former losers are doing better...if you look at the trends in Vanguard's performance, Vanguard is losing ground as other firms offer more diversified ETFs and mutual funds, and lower costs. I suspect in the next 20 years, it will be a much more level playing field. Thanks, VG!