This article will expand over time…
Listen at: 1:21:10
I’m going to summarize here. If you are 80 years old and you look back on your investment choices will you be happy with the time spent researching and looking for opportunity? For some, like myself I enjoy the process..for others they don’t. If you don’t enjoy the process, an index strategy may be best.
These days you can find index returns with unlimited upside potential or an 8-10% cap. It really depends on what you want. As technology progresses, so do investment opportunities.
Ask yourself..Do I enjoy the process or no?
If the answer is no, don’t do it. If the answer if yes! BULL ON! BEAR ON!
The Simple Path to Wealth | JL Collins | Talks at Google
Long before I had discovered or embraced index investing, I had reached financial independence. So I reached financial indepence by picking stocks and picking active mutual fund managers who could pick stock..or thought they could. It can be done!
The problem with it is it’s more expensive and is more time consuming, it’s not as effective as indexing. I would have been much better off had I discovered indexing earlier.