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> I lost a large chunk in the 2008 market crash Oof. > ..if I had kept my capital and invested it in index funds, and continued to work, I would now have so m
by pensatoio 7y ago
> I lost a large chunk in the 2008 market crash
Oof.
> ..if I had kept my capital and invested it in index funds, and continued to work, I would now have so much wealth that I would never have to work again.
I really think this is just a testament that you should hire an FA if you come into money and don’t know what you’re doing.
- davidivadavid 7y agoI think that's actually what he did, from what I got in another article, and the financial advisors he hired actually did stock picking and cost him more money than they made for him.