3 Secrets to Beating the Average Investor
It's a surprising statistic, but in the average year, more than 80% of the United States' actively managed mutual funds underperform the broad market. It's a surprise simply because these funds are managed by trained (and well-paid) financial professionals.
The funny thing is, while the equivalent data on individual "retail" investors is a bit fuzzier, most of them don't keep pace with market benchmarks like the S&P 500 (SNPINDEX: ^GSPC) either. What gives? After all, the industry's collective marketing message is that an empowered investor is equipped to produce above-average results.
There are three things market-beating investors do that most market-lagging investors don't. And all three are things anyone could begin doing today.
Source Fool.com
