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[quote=Anonymous][quote=Anonymous]Not accusing the OP of being a troll, but the person who keeps posting idiotic advice about picking stocks being a sure way to wealth (vs. investing in index funds). [/quote]

Stop being fear mongering and stop insulting people on DCUM. They are smart people who can decide for themselves if they want to be completely detached disengaged passive investor siding on the sidelines of their lives salting their shillings away with some mutual fund in hopes having a supplement for their retirement or buying a basket of dividend paying stocks which over 100 years have returned an average of 10% annually. Some years are better and some years are worse. But the average is 10%.

The beauty of this plan is that your wealth is gradually growing and you are getting an education at the same time. Some people may never want to doore than to reinvest their dividends while others may spot a trend and invest more heavily in one company and decrease their number of shares in other companies.

Several years down the road you when you are more sophisticated from the knowledge you've squired you might want to place a small investment in slightly out of the money calls which can appreciate in value exponentially.

There is nothing dishonest about this information and in no way am I seeking personal gain. There is nothing trollish about this information. Warren Buffett started with a paper route  on Wisconsin Ave in Washington, DC. He has never owned index mutual funds and he's worth $50 billion today. If you want to have a nest egg buy a mutual fund, but if you want to be an independently wealthy be an American Capitalist who owns shares in real companies, not mutual funds where your wealth is gradually siphoned off year after year by the fund's managers.

Grow up use real words and logic not insults. Also, stop calling anyone you want to discredit a "Troll". The word has lost whatever's meaning it may have once had. [/quote]

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