The word passive does a disservice to investors considering their options. Indexing provides an effective means of owning the market and allows investors to participate in the returns of a basket of stocks. The basket of stocks changes over time as stocks are added or removed based on its rules.
Charles R. SchwabWe are all salesmen every day of our lives. We are selling our ideas, our plans, our enthusiasms to those with whom we come in contact.
Charles R. Schwab