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The House Has The Edge

12/8/2014

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"The house has the edge" - Steve Wynn

When you goto invest your money ask yourself this,are you funding your retirement or someone else's? Isint it crazy that owning just one Index fund in the S&P 500 over time you are already beating 96% of mutual funds and "top" hedge fund managers?

Warren Buffet even made a bet against anyone in america that the index fund will out perform any selected the hedge fund managers over a 10 year period, so far hes up 43%, the fund up 10%. WOW!



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source: http://www.businessinsider.com/warren-buffetts-hedge-fund-bet-2014-2

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