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the goodness of that strategy revolves around its consistency in returning 10% over ten to twenty years

and why would that be "the goodness" of index fund strategy? who told you that?

"the goodness" of index funds is that they're low cost and diversified (sometimes) - so more of the returns stay in your pockets, not get handed over to fund managers. return of the over-all stock market has little to do with it!



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