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Good advice: Normal folks should put their money in index funds - not individual stocks and certainly not options.
by jahewson 8y ago
Good advice: Normal folks should put their money in index funds - not individual stocks and certainly not options.
- C1sc0cat 8y agoDepends on how well off normal folks are and how long they have been doing it. I started at £120 a month and it was ten years before I started now my minimum buy is £2000 and I only do the occasional single stock even now 20+ years later.
- rootusrootus 8y agoFor anybody who isn't comfortable learning a small amount about diversification, index funds are probably the easiest way to guarantee an average return. Probably a good choice. Still not a panacea, course. What was the ROI on the S&P 500 between, say, 1997 and 2009? Ouch. We've been on a beautiful bull run for the last decade, at least up until a month or so ago. I wonder what the next decade or two will look like.