Well, as I explained for me it has been pretty good at just passivelly avoiding the consequences of nation-sized bullshit like Brexit without me doing anything at all.
At the risk of repeating myself, my whole point is that it’s good as a passive investment, not that it can’t easilly be beaten by active trade strategies by somebody with good market knowledge (who is entering and exiting positions and can spot those “undervalued equities”)
Hence my expectation that for the ignorant investor or those who can’t be arsed to follow the markets, it’s probably a suitable passive zero-knowledge-needed way to bypass the consequences of whatever shit the US seems to be diving into as well as on a grander scale the transition from America as the top power to China as the top power, all things with a scope of at least one or two decades.
Well, as I explained for me it has been pretty good at just passivelly avoiding the consequences of nation-sized bullshit like Brexit without me doing anything at all.
At the risk of repeating myself, my whole point is that it’s good as a passive investment, not that it can’t easilly be beaten by active trade strategies by somebody with good market knowledge (who is entering and exiting positions and can spot those “undervalued equities”)
Hence my expectation that for the ignorant investor or those who can’t be arsed to follow the markets, it’s probably a suitable passive zero-knowledge-needed way to bypass the consequences of whatever shit the US seems to be diving into as well as on a grander scale the transition from America as the top power to China as the top power, all things with a scope of at least one or two decades.