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low cost index funds are passively managed. there's nothing to be informed or educated or engaged about other than having an opinion about the general market.
by lucretian 12y ago
low cost index funds are passively managed. there's nothing to be informed or educated or engaged about other than having an opinion about the general market. not sure what your point is here.
- encoderer 12y agoIf your idea of good financial planning is just putting all your money into $SPY and $QQQ and keeping it there until you need to start withdrawing from it, I fear you're on a dangerous path. Acting as if the only decision is the right and pure choice of total index-fund investment and it all just works out after that is, I believe, wrong. Finance, how the markets work, things of this nature.. we do a poor job of educating people about it. The pension fund outsourced the job of understanding their investments, and I fear people do the same. Of course, this is controversial because... you know... knowledge is power, except finance, you can't know jack about finance... or something?