Is Your Passive Investing Strategy Aligned with the Future?
Once upon a time, investors who wanted to own shares in a fund typically bought into actively managed mutual funds. A fund manager picked stocks — and charged investors handsomely for their services.
Read: How I Made $1,000 a Month in Dividend Stocks
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Today, investors largely flock to passively managed exchange-traded funds (ETFs). Many of these simply mimic major stock indexes like the S&P 500 or the Russell 2000.
Never one to hold back, Elon Musk has blasted passive investment funds on numerous occasions. He put it like this in December 2023: “The percentage of the market that is passive is simply too great at this point. At the end of…
