Much has been written about the issue of whether investors should limit their portfolios to index funds or attempt to “beat the market,” using actively managed mutual funds.

So, which is better?

Someone once said that good investing should be as exciting as watching paint dry.  That sounds deceptively easy.  It ignores the fact that humans are complex creatures and often confuse action with progress.

Embarking on a financial plan is like sailing around the world. The voyage won’t always go to plan, and there’ll be rough seas.  But the odds of reaching your destination increase greatly if you are prepared, flexible, patient and well-advised.