I remember Seth Klarman, the hedge fund extraordinaire, saying that indexing in just a fad.
I agree. When the cracks begin to show, or we have a serious crash, all will be revealed…
But if that did happen and you just stayed the course, I think it would be fine!
I think at some point, people will get incredibly scared, or incredibly greedy and will bail out. The people who stay the course, will probably suffer int he short term. But take the reap the benefits of indexing in the long-run!