One of the biggest hurdles investors face is knowing where to access reliable, non-biased stock market research that will point them in the right direction for investing appropriately. Because Nobel laureates have neither the budget nor the intellectual inclination to hire pricey Madison Avenue advertising agencies to promote their astute findings, most investors are unaware of the mountains of peer-reviewed research on investing. Additionally, because their findings run counter to the siren songs for active trading, played by the dozens of brokerage houses churning billions of dollars, investors who want to know the truth have to dig a lot deeper than CNBC.

Step 2 of this 12-Step Program for Active Investors provides a comprehensive overview of ample non-biased studies regarding the historical returns of stock market investing. In a nutshell, Step 2 will give you a summary of this research that you won’t see in business magazines, hear on the radio, or see on TV. Here, I cover the objective conclusions drawn from 300 years’ worth of unbiased, rigorous, and empirical research conducted by academic