Seriously, mutual funds don’t beat the market

People believe in their financial advisors. Most of them say that the fund managers are better understanding the market conditions and they will play safe when necessary. All wrong. Why?
  1. It is almost impossible to time the market.
  2. The more they buy and sell, the more commissions we pay and the more we suffer from the  buy-sell spread.
  3. On top of the above, we have to pay a high fee to the fund.
In case you have any doubt, check this link.

Again, as we have been saying lately, the easiest solution for a retail investor is the use of ETFs to have exposure to the stock or bond market.