So we trust our money to some Wall Street type, and then get called stupid when we pick the wrong dudes.
99% of account managers and financial advisors are just some dude. The only sensible thing to invest in is an index fund like VOO, SPLG, FXAIX, IVV, or for non-US stuff, VEU, VSS, or something else based on an index appropriate to your needs.
Genuinely, the best known growth strategy in a capitalist market is also the lowest-brain strategy. Buy an index fund, and then do nothing.
Everything else is just giving money to someone else to do a worse job on average.
You’re not wrong, but do you hear yourself? That’s a terrifying alphabet soup of complicated choices. And in the next thread we’ll talk about AI IPOs dumping on the index fund suckers before a collapse.
99% of account managers and financial advisors are just some dude. The only sensible thing to invest in is an index fund like VOO, SPLG, FXAIX, IVV, or for non-US stuff, VEU, VSS, or something else based on an index appropriate to your needs.
Genuinely, the best known growth strategy in a capitalist market is also the lowest-brain strategy. Buy an index fund, and then do nothing.
Everything else is just giving money to someone else to do a worse job on average.
You’re not wrong, but do you hear yourself? That’s a terrifying alphabet soup of complicated choices. And in the next thread we’ll talk about AI IPOs dumping on the index fund suckers before a collapse.
Yes, it’s alphabet soup, but no, the choices are not complicated.
In USA? Buy VOO.
Not in USA? Buy VEU and maybe VOO if you want.