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intermediate
Index vs. active: the great fee debate
Why most professional stock-pickers lose to a simple index fund.
Concept
Two ways to buy the market
An index fund aims to match the market by owning a little of everything in an index (like the S&P 500). An active fund hires managers who try to beat the market by picking better stocks. Simple idea, huge consequences.
Educational content only — not personalized investment, legal, or tax advice.