Re:Middle class homebuyers taking $7k mortgages planning to ...
by BaseballPhysics on Saturday July 22, 2023 @07:32AM
(#36825357)
And that's why normies investors shouldn't be actively investing (I.e. picking individual stocks).
Dump your money into an all-market index fund and forget about it for 25 years. This requires zero "savvy" and not a lot of time. It does require a bit of research to develop some essential financial knowledge, but that's something everyone can benefit from.
One size may not fit all, but it absolutely fits most, and my bet is, no offense, you're actually not that special (I know I'm not).
Dump your money into an all-market index fund and forget about it for 25 years. This requires zero "savvy" and not a lot of time. It does require a bit of research to develop some essential financial knowledge, but that's something everyone can benefit from.
One size may not fit all, but it absolutely fits most, and my bet is, no offense, you're actually not that special (I know I'm not).