Re:Have the record number of investors in the stock market l...
by hyperpallium on Saturday May 16, 2020 @01:58PM
(#23205657)
True, but it's not zero work, and you must retain sufficient investing expertise to interpret and respond wisely. Maybe "responsibility" is more apt than "job".
And over decades, things change, e.g. GFC and now covid19, world wars etc. I'm not sure, does a bond index protect you? You'll at least need sufficient buffer to ride it out, perhaps several years worth.
House rentals have issues too, long-term maintenance, council issues, vacancies in a depressed economy.
Re:Have the record number of investors in the stock market l...
by MiroF on Saturday May 16, 2020 @06:15PM
(#23207655)
> True, but it's not zero work, and you must retain sufficient investing expertise to interpret and respond wisely. Maybe "responsibility" is more apt than "job".
The "expertise" you need is to buy & hold and try to avoid selling when it is low.
This can be as easy or lazy as you like. Don't want to do anything? Get a target date/balanced fund and eat the slightly larger expense ratio and realised income. Ok with rebalancing maybe once a year or so? Put X% into a stock index fund, Y% into a bond index fund, reinvestment on and look on your birthday/whatever day once a year to see if you need to rebalance.
You can of course spend more time, but if you don't like it, you don't have to.