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Which is exactly what Vanguard Retirement funds do, automatically. I really don't understand why some of you take this "advice" so to heart. As if this is just
by overcast 9y ago
Which is exactly what Vanguard Retirement funds do, automatically.
I really don't understand why some of you take this "advice" so to heart. As if this is just cut into stone, and you follow it to the letter. This is a good general guideline to follow for someone that is completely clueless about what to do with investing. You've got guys further down the thread proposing you write your own day trading software, because THAT will surely work out in your favor. Do your research. Geez.
- mancerayder 9y agoThe people here seem to be presenting extreme positions. On the one side, you can't beat the market unless you're a hedge fund or big player with special knowledge and equipment, so buy index funds or you're a naughty gambler. On the other side, we degenerate into self-creating automated trading software. There's absolutely a middle ground here, folks. One can have a portfolio of conservative picks (index funds), self-selected individual picks, cash, bonds, so on and so forth. This should hopefully be picked up by n-gate to make a mockery of us. Joking aside, I'm curious what some of you who are actually paid to write front office software by Wall St. think of all of these threads.