Paying an expert to help pick stocks will likely yield better returns than most alternative strategies for stock selection.

Question

Quizplus · Accepted Answer

Studies have consistently shown that paying for expert stock-picking advice does not typically result in higher returns than other strategies, such as index investing or portfolio diversification. In fact, many actively managed funds that rely on stock-picking expertise underperform the market over the long term.

Paying an Expert to Help Pick Stocks Will Likely Yield