Leonard says, it's common for his clients to say, they were happy to average a 20 percent return over the past five years. In the last five years, fewer than 10 percent of large-cap funds failed to beat this benchmark he said. If you were invested in those funds, sure your portfolio did well, but you likely missed a few extra percentage points of return, and that will hurt your ability to match the market's average return. The views represented above are those of the author, and the information provided here does not constitute any tax, investment or legal advice. The historical data presented are for illustrative purposes only.
Past performance is no guarantee of future results.