Last week I wrote about expensive Mutual Funds / Unit Trusts and their cheaper (and better) alternatives called Exchange Traded Funds (ETFs).
You still don’t buy it.
Ok, that might be my fault because I am simply not convincing enough that passive, systematic, repeatable investment strategies are the best option for the majority of investors.
Or, maybe you could be suffering from the “Not-Invented-Here-Bias”:
Someone tells you that a Regular Savings Plan in a few broad based and diversified INDEX Funds (not one of those underperforming overcharging Mutual Funds or Unit Trusts, but an ETF) is a sure thing in the long run. You, however, believe that kind of dollar-cost averaging is boring and that you are better in selecting your own hot and exciting stocks to invest your money in, not realizing that the purpose of investing is not to minimize boredom; it is to maximize returns.
An experienced (= ......