Buy Low, Sell High? Not In The Robotic World Of Indexed InvestingVW Staff
Indexed investing has grown many trillions of dollars since the time of its innovation in the 1970s by Vanguard’s Jack Bogle.
ETFs, termed the ‘kissing cousins’ of the mainline index vehicles by David M Hay of Evergreen Virtual Advisor (EVA), have grown from nothing to over 1300 funds.
Both these vehicles have become indispensible to the retail investor’s repertoire, but are, in essence, a form of ‘parasitic’ and brainless . . .
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