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Passive investing in index funds can generate returns that roughly match the overall market. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). To wit, the Wesfarmers Limited (ASX:WES) share price is 17% higher than it was a year ago, much better than the market return of around 0.1% (not including dividends) in the same period. So that should have shareholders smiling. The longer term returns have not been as good, with the stock price on...
>>> Read more: Investing in Wesfarmers (ASX:WES) a year ago would have delivered you a 21% gain
>>> Read more: Investing in Wesfarmers (ASX:WES) a year ago would have delivered you a 21% gain