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A lot of my younger friends saw their parents spend countless number of hours trying to time the market with specific stock investments, only to get burned in a
by vunderba 1mo ago
A lot of my younger friends saw their parents spend countless number of hours trying to time the market with specific stock investments, only to get burned in a similar way.
Most of them have now committed to simple dollar-cost averaging against broad index funds like VT.
- pg1 1mo agoI wouldn't say stock picking is a bad idea. If you're interested in finance and willing to learn how it works, it can be a great hobby, and you can potentially make money from it too. Otherwise, DCAing into an index fund is probably the easiest and best solution.