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Re:Personal finance experts don’t get wealthy by following t... by lodonnell9213 on Sunday August 29, 2021 @12:08PM (#28347883)
Not just parents generation, our generation. I don’t play the stock market, I’m not skilled enough for it, but I do have a stocks/share ISA, but I’m also not against spending money to make it. Many people I know will happily continue to pay interest on an item, but have savings which is less than the interest on credit. They have a 20% credit card vs a 0.5% interest savings.

And little things like that can help in the long run.

Re:Personal finance experts don’t get wealthy by following t... by paulpauper on Sunday August 29, 2021 @12:49PM (#28348293)
You don't have to be skilled. Just simple indexing will beat most of thepros anyway. Most active managers lag the market anyway.
Re:Personal finance experts don’t get wealthy by following t... by andrepd on Sunday August 29, 2021 @12:44PM (#28348245)
Buying a mutual fund is precisely not "playing the stock market"