Active Trading vs Index Investing: 20 Years Later

Two investors. Same starting point. Twenty years later, only one of them retired early. Mike Willis tells the story of Jake and David — one who spent his career trying to beat the market, and one who owned it. What happened to each of them over 20 years is one of the clearest illustrations of why the S&P 500 has historically been the foundation of long-term investing strategy. Mike also shares what he learned from personally losing everything twice, and why it taught him the same lesson David figured out at 28. If you've ever wondered whether active trading or passive index investing is the better long-term approach, this story answers the question better than any chart. Hypothetical example for illustrative purposes only. Does not represent actual client experience. Past performance does not guarantee future results. Learn more at cyberhornet.com REQUIRED DISCLOSURE This content is strictly educational and is not personalized financial advice or a solicitation to invest. Cryptocurrency, as an asset class, is highly volatile, can become illiquid at any time, and is for investors with a high-risk tolerance. Cryptocurrency may also be more susceptible to market manipulation than securities. It is not extensively regulated, but future regulation is possible. Please consult a financial professional before making any investment decisions. Click link below to obtain a Prospectus. Ultimus Fund Distributors, LLC and Foreside Fund Services LLC. https://www.cyberhornets.com/documents/FG/cyber_hornet/fund_docs/651914_Cyber_Hornet_ETFs_EEE_SSS_XXX_Prospectus_497_2026-01.pdf