Want to Outperform Nearly 92% of Professional Fund Managers? Buy This 1 Investment and Hold It Forever.
Beating the Street doesn't take a complicated investment strategy.
Professional fund managers get paid a lot of money to invest hundreds of billions of dollars for their investors. On the surface, there are good reasons to trust these pros with all that money: They're highly educated and have developed significant expertise over the years. That should give them a significant advantage when it comes to generating outsized returns.
But the truth is most professional fund managers fail to earn enough for their investors to make up for the high fees they charge. You don't need any advanced education or special insights in the market to outperform up to 92% of professional fund managers over the long run.
All you need to do is buy an S&P 500 index fund, such as the Vanguard S&P 500 ETF (NYSEMKT: VOO), and hold it forever.
