Passive investing over the long term beats active based on personal experience and through Warren Buffet’s million dollar bet he made with hedge funds.
See the article here: https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp
My own experience with long term investing with buy and hold comes from my parents putting away $8k in a mutual fund and never touched it. I last checked it a year or two ago and it was at $150k. Never tried to time the market, parked it through wars, bubbles, recessions, and financial dark days. It would be worth more if they had ETFs back then.
Most Americans aren’t even saving money for the future. At least not enough anyway. So while I’m no advocate for RH, I do appreciate their simple design and ease of use far more than other, more sophisticated brokerages.
Btw, I’m not shitting on your style of investing. I just don’t want to do it all fucking day. I’ve got a career and kids to deal with. Sleeping like a baby (when I can) is invaluable to me. For me, the extra complexity sounds unnecessary. I’m happy with my gains and chosen risk tolerance.
Passive investing over the long term beats active. I know this based on personal experience and through Warren Buffet’s million dollar bet he made with hedge funds.
See the article here: https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp
My own experience with long term investing with buy and hold comes from my parents putting away $8k in a mutual fund and never touched it. I last checked it a year or two ago and it was at $150k. Never tried to time the market, parked it through wars, bubbles, recessions, and financial dark days. It would be worth more if they had ETFs back then.
Most Americans aren’t even saving money for the future. At least not enough anyway. So while I’m no advocate for RH, I do appreciate their simple design and ease of use far more than other, more sophisticated brokerages.
Btw, I’m not shitting on your style of investing. I just don’t want to do it all fucking day. I’ve got a career and kids to deal with. Sleeping like a baby (when I can) is invaluable to me. For me, the extra complexity sounds unnecessary. I’m happy with my gains and chosen risk tolerance.
Also, never mix business and politics.
Passive investing over the long term beats active. I know this based on personal experience and through Warren Buffet’s million dollar bet he made with hedge funds.
See the article here: https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp
My own experience with long term investing with buy and hold comes from my parents putting away $8k in a mutual fund and never touched it. I last checked it a year or two ago and it was at $150k. Never tried to time the market, parked it through wars, bubbles, recessions, and financial dark days. It would be worth more if they had ETFs back then.
Most Americans aren’t even saving money for the future. At least not enough anyway. So while I’m no advocate for RH, I do appreciate their simple design and ease of use far more than other, more sophisticated brokerages.
Also, never mix business and politics.