ACTIVE MANAGERS still oversee far more money than index funds. Nonetheless, the index vs. active battle has arguably been won: Index funds will almost certainly continue to gain assets, because active managers can never collectively deliver on their promise of market outperformance.
My contention: If the goal is to improve how America manages its money, it’s time to move on to three new battles, which I describe in HumbleDollar’s latest newsletter. The newsletter also includes our usual listing of recent blog posts.
While you’re here at HumbleDollar, spend some time perusing our money guide. It’s been almost entirely updated in recent weeks. Among other items, you’ll find the new tax thresholds and the latest data on the economy, markets and family finances.