Why Indexing Makes Sense

by Tim Bock
Indexing works well in all asset classes. A key advantage of the passive approach is low management fees, low turnover costs and greater tax efficiencies. In every market, all stocks must be owned by some investor. There is no such thing as a stock not already owned by someone.
Source: http://www.investorguide.com/igu-article-995-stock-strategies-active-versus-passive-management.html
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