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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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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.
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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."
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