AboutDr. Joseph de Beauchamp Expertise Over the decades, I have taught the MBA schools in this subject. I have published on over 2000 public companies. I love to help provide information to the individual and company.
Expert: Dr. Joseph de Beauchamp Date: 1/24/2005 Subject: do you recommend index funds or not?
Question i hear much of the benefits of index funds for the typical hands-off investor. however, i seem to recall popular author ric edelman advising against them.
what's your opinion? thanks
Answer Funny thing about index funds, they generally do not perform as good as the index. Also, choose almost any index since 1999, and you would have made next to nothing.
No, choose a good mutual fund without a passive view of investing, and good into international funds. Get a free look at http://wfnn.info mutual fund section.