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/l/ - Lifestyle
Are you a brokie or a wealth mogger?
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<blockquote data-quote="Schwarzwald" data-source="post: 65822" data-attributes="member: 544"><p>You would look into the S&P 500, think of the S&P 500 not as "the stock market," but as the bedrock of the entire system. When you buy an index fund, you aren't gambling; you’re just taxing the 500 biggest companies in the world for the privilege of existing. It’s the ultimate "lazy" move because you don't have to pick winners—the index does it for you. If a company fails, they kick it out and bring in a fresh one.</p></blockquote><p></p>
[QUOTE="Schwarzwald, post: 65822, member: 544"] You would look into the S&P 500, think of the S&P 500 not as "the stock market," but as the bedrock of the entire system. When you buy an index fund, you aren't gambling; you’re just taxing the 500 biggest companies in the world for the privilege of existing. It’s the ultimate "lazy" move because you don't have to pick winners—the index does it for you. If a company fails, they kick it out and bring in a fresh one. [/QUOTE]
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