Another Great 'Why Index' Article

[Ad Orientem]

This is one of the better ones I've come across. It's language is simple enough, and the article short enough, that even people whose eyes usually start to glaze over at the mere mention of investments should get it. And one point I especially liked was its pointing out the fact that ER often does NOT cover all of the expenses in actively managed funds. No mention of the shiny metal though, so our more dedicated gold bugs might see little value in it.

http://www.forbes.com/sites/johnwasik/2 ... le-gospel/