Scarfinger68
Confused about dryer sheets
I think most people would consider the word "best" to mean "performance over a reasonable time compared to other funds of the same category"
Pretty sure that would be a universal definition.
As Dave Ramsey says focusing on just the expense part of a fund matters less if that fund has the best performance year in and year out. That seems pretty good advice to me. Of course you always look for the lowest cost with the best performance.
Best of luck to you .
10 year, 20 year, 30 year, 50 year or 100 years. Best performance year in and year out is more the Prince Charming fund. It doesn’t really exist because past performance isn’t guaranteed. The only thing guaranteed is your expense ratio. The best over the longest time frame would be small cap value fund. But can you stomach the volatility. Or will it end up being the best in your life time. Maybe not. So, diversify even with subpar low cost funds could be the best funds in the next 20 years. There is no guarantees. So invest in what you are comfortable with. In my mind there is no absolute best fund. But I do understand the pursuit of that Prince Charming fund. What I would say to you if you find the fund, invest in it, and it actually ended up being the best fund… you just got lucky.