2 ms·
(not a financial advisor) I was reading somewhere that the favorite book of Warren Buffett is "the intelligent investor". I got a copy and I read it twice. I al
by HenryBemis 3y ago
(not a financial advisor)
I was reading somewhere that the favorite book of Warren Buffett is "the intelligent investor". I got a copy and I read it twice. I also like Dave Ramsey's methodology. I then decided to follow the "dollar cost averaging". I "buy" every month a set amount (6 different ETFs -including VOOG- and some tiny amounts on a dozen stocks). I don't care if they are up or down this month, I just see the whole portfolio. If they go down, I am actually happier because I more with less.
It is true that not every of the 500 weights the same, and (personally) I can live with that. I read the article trying to see something juicier, that could force me dump my VOOG but no... With my "plan" of buying and closing/selling in 20years (or even leaving it as inheritance) it is as sure as a bet can be.