So I am 100% a follower of the Boglehead philosophy and 100% invested in Vanguard stocks. However, my brother is invested in Rayomend James and keep saying they beat the SP500 and that I am crazy. Today I found this on their web site. What is going on here? Is this real or am I missing something?
" First, the average return for Raymond James' recommended stocks (13.98%) is over 4.5 percentage points higher per year than the return on the S&P 500 (9.35%), and more than 5.5 percentage points higher per year than the average return for the recommendations of the other brokerage firms (8.17%). "
" First, the average return for Raymond James' recommended stocks (13.98%) is over 4.5 percentage points higher per year than the return on the S&P 500 (9.35%), and more than 5.5 percentage points higher per year than the average return for the recommendations of the other brokerage firms (8.17%). "
Statistics: Posted by fvaldes — Wed Mar 13, 2024 7:38 am — Replies 12 — Views 463