When it comes to money, are you on the winning team? To know, all you have to do is answer two questions. Is money interfering with the quality of your life? And, are you worried about your financial future? If you answered yes to either question, then you're in the majority. 85% of Americans are being negatively effected by the vast financial corruption and the flawed system of money management that has dominated for decades now.
Did you see what happened this week on Wall Street? It was quite a story! Last Wednesday, an executive director at Goldman Sachs resigned through an op-ed article in the NY Times. It was really something, the guy just unloaded about the toxic work environment where doing right by clients was not even a topic at sales meetings. The focus was on ripping clients off in a variety of ways including by persuading them to invest in products left on the books that the company was trying to dump. He even shared that he had seen no less than five different managing directors refer to their own clients as “muppets” in emails. It’s shocking and yet somehow it’s also not a surprise, right?
No one including Morningstar can reliably identify which mutual funds are likely to outperform the market, let alone match it, and so Index Funds are the best way to invest in the stock market.
