I learned this lesson, but I wish I had learned it sooner. A few decades ago I started dollar-cost averaging into a hot-rod actively managed fund. As always s

I learned this lesson, but I wish I had learned it sooner. A few decades ago I started dollar-cost averaging into a hot-rod actively managed fund. As always seems to happen, the fund cooled down and I was late to catch on. My money was not effectively put to use. Then I started reading (and YouTube watching) people like Malkiel, Buffet, Bogle, Dalio, etc. They all clearly explain the benefits of index funds for the vast majority of people. I believe them. Indexing is the way to go. Read Bogleheads.org for great advice on this and other topics.