Just Change the Rules

Don't like the way your active mutual fund compares to the competition? No problem. Just pick a better benchmark. It's perfectly legal and very effective at misdirecting investors. Don also considers the arguments that index funds are un-American. Yet, only a tiny percentage of active funds beat the indexes. A caller wonders if annuities are guaranteed and what to do with them? What's the best way to fund retirement accounts for young children? How could Wellington and Wellesley be recreated with index funds? In which accounts should bonds be held?