The SPIVA scorecard stands for S&P indices versus active. There is a long debate in the financial space about whether active investing or just buying the index is better. Active investing is where you or an investment manager is picking and choosing individual stocks. Buying the index is a collective group of a lot of stocks. The S&P 500 would be an example of an index.
It is important to buy long-term healthy asset classes, and have the right behavior to maintain that. Right now is a good buying opportunity for stocks because prices are lower. You want to buy when the market is low so that in the long term, your investment can grow. Ultimately, passive investing wins over time if you have the right behavior.
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