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Out of all the side projects I’ve tried, the one that’s been the most lucrative consistently is buying boring index funds. I kinda wish I just doubled down on
by jameshush 3y ago
Out of all the side projects I’ve tried, the one that’s been the most lucrative consistently is buying boring index funds.
I kinda wish I just doubled down on the boring route sooner .
- koromak 3y agohttps://www.reddit.com/r/Bogleheads/ https://www.reddit.com/r/Bogleheads/ if anyone agrees. This has been my strategy for a couple years.
- malfist 3y agoOr go to where all the old farts are that's been in this game for a while: https://www.bogleheads.org/forum/ https://www.bogleheads.org/forum/
- bsmith 3y agoJust a bummer that these index funds are unavailable to expats :(
- unmole 3y agoWhat do you mean? You can open an account with a US brokerage
- cultofthecow 3y agofully available. your country of residence matters.
- jameshush 3y agoI'm a non-US citizen Canadian living in Taiwan. These are available, you just need to jump through a bit more hoops.
- brcmthrowaway 3y agoWhich funds?
- steelcityamir 3y agoVOO and SPY are popular ones that track the S&P 500.
- jasondigitized 3y agoVFINX all day every day
- gaws 3y ago> buying boring index funds Which ones?
- jameshush 3y agoSPY until I had a year's worth of salary invested. From there, I had more "personal" personal finance questions (How do I treat these company stock options? How do I deal with obscure SPAC IPO while I live abroad in Asia?), so I got a real-life financial advisor person. Honestly, was definitely worth it. Even though his fee is 1%, which all the personal finance YouTubers say is high, he's saved me over 100k with a few very key financial decisions where I almost shot myself in the face by accident.
- mnky9800n 3y agoSame. Even if you try and get creative the stock market is most easily mastered with boring index funds.
- Alexvlkv777 3y ago[flagged]