The only way to achieve your objectives is to consistently outperform the Dow Jones Industrial Average. Period. End of story.
That makes mutual funds bad investments, as the vast majority of them perform below the market average. Bad investments drain wealth.
Let’s imagine that your basket of mutuals outperformed all the rest and returned market returns for the last ten years; that is, you have matched the DJIA’s return from mid 2001 through mid 2011. During this time the Dow returned a total of 15%, or just 1.5% per year. Inflation during this same time averaged 3% per year, which means market performing investors lost 1.5% per year. This translates into big long term losses for mutual fund investors – and an awful surprise at retirement.
This is the reason many people arrive at retirement’s door with less money than they need and/or thought they’d have. It’s because they’re not making money in real terms. They’re underperforming the average and inflation is robbing their wealth like a thief in the night.
What to do?
Use my 15-51 portfolio builder to create a portfolio that will achieve your financial objectives. It's easy and it's free!
As an example, my 15-51 Indicator (revealed in LOSE YOUR BROKER, NOT YOUR MONEY) returned 367%, or 37% per year, during this same ten year period. That's 34% per year after inflation. That’s what you need to do to make money.
You can do it too!
Lose Your Broker is not a financial institution and as such our webtools do not place stock orders. There's no risk in using our tools. And if the portfolio you created doesn't perform as you hope, join one of my on-line workshops and I will personally help you work out the kinks -- that, too, is free!
What are you waiting for?
It's time to Lose Your Broker Not Your Money.
The road to financial independence.™