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> I've decided that the stock market, as a long-term investment strategy, isn't something appealing to me ... Why? It's one of the few sound long-term investme
by lutusp 13y ago
> I've decided that the stock market, as a long-term investment strategy, isn't something appealing to me ...
Why? It's one of the few sound long-term investments.
> While I'm not adverse to risk, I feel that trading in a marketplace controlled by professional investors with access to research and high-frequency trading tools is a losing proposition.
If that were true, businesses would refuse to raise capital using equities -- businessmen aren't fools, but they regard the equities market as a legitimate source of operating capital. There's a reason for that trust.
> How else do you apply your savings if you're unwilling to invest in the stock market?
My advice to you is to abandon your present thinking process, reconsider the value of equities, but don't hire a broker or invest in individual stocks, instead establish a long-term buy and hold position in an index fund -- a fund that tracks a market indicator like the DJIA. No stockbroker, no one selling you useless investment advice, no portfolio churning, just long-term growth.
More here: http://arachnoid.com/equities_myths http://arachnoid.com/equities_myths