One thing to consider now with the traditional advice of "just put your money in index funds" is that this has led to empowering 3 firms beyond belief: BlackRoc

One thing to consider now with the traditional advice of "just put your money in index funds" is that this has led to empowering 3 firms beyond belief: BlackRock, State Street & Vanguard who control over $20 TRILLION (with a T) of managed assets now thanks to these "index funds" that Americans mindlessly pour their money into. This is over half the value of the S&P 500. Way too much power for 3 firms, and the Directors behind them. [1] https://www.nytimes.com/2022/05/12/opinion/vanguard-power-blackrock-state-street.html https://www.nytimes.com/2022/05/12/opinion/vanguard-power-bl...