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. SchwabI have yet to find the man, however exalted his station, who did not do better work and put forth greater effort under a spirit of approval than under a spirit of criticism.
Charles R. Schwab