Do mutual funds usually beat out SPY (disregarding fees)?
Aug 16, 2019
6 Comments
I started my Roth IRA this year and found that Fidelity has some zero-commission / zero-fee mutual funds. It seems that they perform the same as VTI or SPY. Am I missing something, or is using Fidelity's free mutual funds the best route?
comments
Common Sense on Mutual Funds – John C. Bogle, David F. Swensen
The Bogleheads’ Guide to Retirement Planning – Taylor Larimore, Mel Lindauer, Laura F. Dogu, Richard A. Ferri, John C. Bogle
The Investor’s Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between – William J. Bernstein, Jonathan Clements
How to Think About Money – Jonathan Clements
I heard it’s actually way better to do naked puts on all stocks. Your returns are like 10x in a very short amount of time!
Mutual funds are actively managed by professionals (hence the fee) theory should give better gains because the professional would supposedly know what to do, but in practice most mutual funds don't outperform the broader market.