FACT: According to author Ramit Sethi, less than 15% of mutual funds beat the market. FACT: According to Investopedia, the average mutual fund charges a 1.5% annual management fee.
That means: On a $100K portfolio, investors on average are paying mutual fund managers $1,500 per year to under-perform the market. Self directed investors like you can therefore save a bundle by taking over control of your investments and utilizing the Portfolio Channel newsletter and model portfolio services to see what the experts are buying, selling, and holding, under a variety of market-beating strategies like:
Learn about these great model portfolios (and more), at Portfolio Channel | Model Portfolios).