I consider myself a pretty lucky person, but I do not think I am lucky enough to win against a stacked deck. The stacked deck in this case are the lower returns you will get from a higher cost fund. It's just not worth it!
"They found that outside the top 3% of funds, active management lags results that would be delivered due simply to chance."
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"Investors who continue to send money to actively managed mutual funds in the hope that managers will be able to beat less-costly index funds are going to lose out almost all of the time, a new study finds."
Another great example of why it makes a whole lot of sense to have a foundation of index funds, instead of relying on a lucky strike against a stacked deck.