We believe parking your money in a diversified portfolio of low-cost index funds and having the patience to stay the course will always be a better approach to active investing. Why? Because active investing requires a judgment call every time the market moves. And even the experts aren’t immune to human error.
This may sound intuitive, but it was a radical idea when economist Dr. Burton Malkiel introduced it. But academic research and time-proven results have confirmed: it works.