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I’d suggest that for most people, buying diversified index funds are a more appropriate strategy. Nothing you do in life is risk free, even keeping cash under
by epgui 5y ago
I’d suggest that for most people, buying diversified index funds are a more appropriate strategy.
Nothing you do in life is risk free, even keeping cash under your mattress: the fact that there is risk involved does not change that this is how you make money. When you know that you’re guaranteed a loss of ~2%, at best, on cash, and that your expected real return on stocks is positive, well… That’s the point.
- logifail 5y ago> I’d suggest that for most people, buying diversified index funds are a more appropriate strategy At least in the UK, buying into index funds was substantially more expensive back then. I held shares in a retail bank for a time not long after that, for which I had an actual paper certificate! No wonder trading was expensive....