Passively Managed Funds Past Performance and Success

Passively Managed Index Funds for Individual Investors

Most people would be better off buying passively managed index funds than dabbling in stock picking. If you buy the index funds you'll keep up with the overall market. If you dabble, each time you buy or sell the person on the other side of the trade is likely to have done a lot more research and is probably making a more educated decision than you are, and that will be reflected in your results.