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Reply to "Give me your best monetary advice "
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[quote=Anonymous]11:36 I think I have seen your posts before, and they get a little tiresome. Do I agree that some people can make a killing investing in stocks? Yes. Do I think that is a reasonable or sensible goal for me, or you, or 99% of the people reading this board? No. It is true there are always some individual stocks that will do better than the market, just like there are some that will do worse. The question is how do you know which you are buying? Your "innate sense"? The fact is that index funds outperform 80% or more of managed funds. Which means that index funds are doing better than people who are spending all day every day trying to pick stocks, with the research resources of enormous corporations backing them. That's good enough for me. [/quote]
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