Welcome to the Jill on Money podcast. It is Tuesday, August 24th, and I'm on vacation.

I hope you are too. Maybe just listening to this as you amble around your country road

or the beach or the mountains or wherever you are. If you're still out there and working

and slugging it out here at the end of August, I'm sorry. Maybe you take a nice break later

in the year. Maybe you're saving it all up for the holidays. I saved up a lot of vacation

time over the last 16, 17 months. I'm sure you did too. And I'm taking it. And I encourage

everyone to take a break if possible. It really is good for you. And we'll make you more

productive. It really will. And if you'd like to join us on the show, all you need to do

is when you write us your question, ask Jill at JillonMoney.com, say, Hey, I want to come

on the program. That is what bend it. And today we're going to be talking about passive

versus active investing. Thank you, Jill. As soon as that I've gotten myself very confused.

And so I need you to put your CFP wizard hat on your first ball. Let me know the answer.

Okay. So my question is sort of an active passive debate. I prescribe to the index

and passive. I like that a lot. However, through various podcasts, a few groups and another

certain radio personality, you know, there's there's a strong argument for active funds,

outperformance, specifically capital group, American funds, prime cap. And so what's your

take on it? If you prescribe to the efficient market hypothesis, is there outperformance?

Okay. So I mean, I generally, if you listen to the show, you'll hear me talk a lot about

index funds. And a lot of this has to do with my own experience, which is, by the way,

I was a trader. It was like my first job on Wall Street. So I, I really was schooled

and educated in this concept that you can beat the market. Okay. So that was like my bias

coming in. And then when I was a money manager, you know, I, I had stocks in account and

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