View Single Post
legion legion is offline
Cars & Coffee Killer
 
legion's Avatar
 
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
Here's what I learned as a Finance major in college. Are you ready for it?

The secret to investing is to put your money in a no-load index fund. The next part is very important: add as much as you can to it every year, and don't touch it until you retire. You will outperform something like 99.99999% of managed funds over that time. You will outperform 99.9999999% of active investors. Literally doing anything else has a much closer chance to 100% than what I have quoted above that you will underperform the index fund strategy.
__________________
Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris

"There is freedom in risk, just as there is oppression in security."
Old 10-02-2019, 11:24 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #19 (permalink)