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The Worst Investment Advice I Know

Sound Investing

CHAPTER

The Importance of Investing in a Great Fund

You can find a few funds that did better for the S&P 500 than the index. But if it's in a taxable account, you would have lost 1.22% a year in taxes because of capital gains and other kinds of distributions. So potentially for some people, this, in this case, taxable people,you would have made another almost 1%. Now you're potentially up to 3%. And then you might ask, well, okay, okay, but maybe just maybe the S-P 500 was more risky? I don't think so.

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