4 ms·
Put spare money every now and then into VOO or VT or similar and forget. No knowledge needed and time investment is like a few minutes of your time a month/quar
by quantumofalpha 5y ago
Put spare money every now and then into VOO or VT or similar and forget. No knowledge needed and time investment is like a few minutes of your time a month/quarter/year. Squeezing more alpha than that and not losing it, properly done (i.e. not gambling), is at least a part-time job. Chances are you'll do better putting that time into your own career.
- alecst 5y agoTrue. People really underestimate the "alpha" of spending less and saving more.
- Zababa 5y agoThis, and also earning more. Many people here are in tech, and the salaries can be insane.
- quantumofalpha 5y agoExactly. If you're in tech, you should be shooting first of all for $500k TC today than $500k pnl, the former is way easier (luck aspect aside). No point in thinking about active investing until you have like 7 figures of own capital to manage.