The head of CalSTRS, the second-largest public pension fund, said in a recent interview with CNBC that active managers rarely add value after fees. Here is a summary of comments…
Day: July 14, 2021
Another Reason to Quit Mutual Funds for America’s Rich
The increase in capital gains tax for wealthy investors proposed by the Biden administration could accelerate the shift away from mutual funds. This according to a recent article in Financial…
Put Down the Dividends – And Slowly Walk Away
By Jack Forehand, CFA, CFP® (@practicalquant) — Ok, I’ll admit that the title of this article is a little aggressive. That is especially true when you consider the fact that I don’t think…