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Trading is obviously different from investing. Horse racing has no such comparable as an S&P 500 index fund that will produce solid returns over a very long per
by adventured 4y ago
Trading is obviously different from investing. Horse racing has no such comparable as an S&P 500 index fund that will produce solid returns over a very long period of time (such that you can safely allocate N% of your income to it over a lifetime and can expect to do well).
- GrinningFool 4y agoI am certain you just inspired someone to start the first horse race index fund in which fund managers invest diversify by placing low- to moderate-risk bets at horse races around the world.
- matwood 4y agoYou can buy fractional ownership in horses as an investment. Buying across a bunch of different horses would effectively be creating your own index.