Disclaimer: This article contains information that was factual and accurate as of the original published date listed on the article. Investors may find some or all of the content of this article beneficial but should be aware that some or all of the information may no longer be accurate. The information and/or data in this article should be verified prior to relying on it when making investment decisions. If you have any questions regarding the information contained in this article please call IFA at 888-643-3133.

The Crystal Ball is a Myth

 

Mark Hebner shares the quote, “Those who live by the crystal ball end up eating ground glass.” He says to “invest, never speculate.” He and Tom Cock present a chart that shows the difference in annualized returns between an average equity fund investor, a BofA 1-Yr U.S. Treasury Note Index, the S&P Index, and a global equity index portfolio. They also discuss the emotions and behaviors of active vs. passive investors, and Hebner introduces his new condensed, updated and revised book, Index Funds: The 12-Step Recovery Program for Active Investors.