Search
Steve Coker, CFP
- Sep 19, 2016
- 2 min
Underperforming the Market? Here's Why
The results are in and the average mutual fund investor has underperformed the S&P 500 for the past 20 years. In fact, according to a report published by the Dalbar consulting firm, the average equity mutual fund investor’s average annual return over the last 20 years was only 4.67%, which is far lower than the 8.19% average annual return of the S&P 500 itself. So why does the average equity mutual fund investor underperform? Contrary to conventional wisdom the primary cau
