Last week, in a sister publication of this newspaper, I wrote a column about the high returns made by investors because they were dead.
Here's what I wrote, "Being dead may be a good investing strategy. Some years ago, Fidelity Investments conducted a study in the US to find out what kind of investor accounts had the best returns. The highest returns were from investors who completely forgotten about their investments for years, even decades. They also discovered that a good proportion of these investors had died a long time ago. As far as managing your investments goes, the most profitable strategy may be to do what a dead person would do -- which is nothing."
