The investment mistake killing your returns
In a recent article for my Young & Invested column, I explored complexity as the root of investment evil when discussing how many ETFs investors really need to hold for adequate diversification.
The financial industry has long projected the image of delivering superior returns through complex strategies. Certainly, this might be the case for a small portion of institutions on a short-term basis. But most fall short on consistently delivering alpha. Although, this portrayal of success has worked well and forms part of why we naturally find the sophisticated options more appealing.
How we got here
Sophistication has long been a status symbol.
It has developed beyond the social markers of luxury fashion and prestigious education and is…
