Anyone here know of a good screening tool to help ID mutual funds that has outperformed their indexes of long time periods? like 30-50 years...
Dave
I doubt any exist that meet that criteria. 30-50 years is a long time.
As an aside, it is very easy these days to buy ETF's that exactly track the indexes that everybody benchmarks themselves against. You can simply "buy the market" and be done with it.
I don't put a whole lot of faith in these guys, but here is a site with lots of research.
http://www.morningstar.com another question or two..
1. why would you go with an ETF over a regular index mutual fund?
2. Why do you have a lack of faith in morningstar?
I can get out of an ETF during the day, place stop orders etc.
As for Morning Star, the whole problem with using past performace to evaluate funds is it's PAST performance. That's what someone else got, not what you will get.
You are better off choosing funds from companies that have produce good results, i.e. more 4-5 star rated funds then 1-2 start rated funds then choosing an individually well rated fund.
In addition, what the change in fund managers. MS rates funds, not fund managers or management companies. Changes in fund managers need to be taken into account when choosing funds.
