5 ms·

Just buy index funds. They have low fees, and beat most (if not all) managed funds long term anyway. Find a fond tracking S&P 500, one global and maybe some oth

by maaaats 10y ago

Just buy index funds. They have low fees, and beat most (if not all) managed funds long term anyway. Find a fond tracking S&P 500, one global and maybe some other markets, and you should be set.

aminorex 10y ago
Keep in mind that index funds will probably decline by about 3-4x over the next 10 years on the demographic cycle.
- maaaats 10y ago
  What do you mean?
  - aminorex 10y ago
    There's a good San Francisco FRB white paper on it. Should be an easy Google whack. Boomers sell the world during their retirement burn.
    - cjlm 10y ago
      A link would be useful.
- cylinder 10y ago
  How can something "decline 3x?" Lol.
  - aminorex 10y ago
    Invert the multiplier silly.
- mywittyname 10y ago
  Not a chance. Sure, it will almost certainly decline at some point in the next decade, but to predict the biggest stock market decline in history is really far fetched. Especially in an era when investment funds are holding onto record cash reserves in hopes of buying up cheap stocks during the next decline.
- deleted 10y ago
  [deleted]
samsonradu 10y ago
Thanks, any brokers you'd recommend?
- mywittyname 10y ago
  Vanguard is considered the best in the business.