2011 was a very difficult and frustrating year for active investors. According to a recent Bloomberg article, this was the worst year for actively managed mutual funds since 1997. For the year, the S&P 500 was up 2.1% but most investors in stock oriented mutual funds actually lost money. Why did this widespread under-performance occur and what should investors do now? Horizon Advisors examines these topics and more in this study titled: 2011 – A Difficult Year for Active Investors.
2011 – A Difficult Year for Active Investors
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