Not exact matches
For now, forget
about stock picking, spend your time wisely, and start
investing every quarter your savings in a
simple broad market
index fund.
Mutual funds fail to beat the market by
about their fees... so, if you MUST «
invest» at such a
simple level, at least buy a super-low-cost
Index Fund.
People yawn when Buffett talks
about indexing and «buy and hold», but I'm convinced that the
simple logic of value
investing, long - term thinking, and patience can go a long way toward trying to produce great investment results over time.
If you want to know more
about index fund
investing, I recommend the books The Bogleheads» Guide to Investing and The Smartest Investment Book You'll Ever Read: The Simple, Stress - Free Way to Reach Your Investme
investing, I recommend the books The Bogleheads» Guide to
Investing and The Smartest Investment Book You'll Ever Read: The Simple, Stress - Free Way to Reach Your Investme
Investing and The Smartest Investment Book You'll Ever Read: The
Simple, Stress - Free Way to Reach Your Investment Goals.
The fact is, there are hordes of people out there who have no clue or interest in learning
about all the nuances of
investing, including
simple, low - cost
index strategies.
By using a
simple savings calculator you discover that
investing $ 9,000 per year in an S&P 500
index fund at roughly 10 % per year will provide you with
about $ 570,000 in 20 years.