Stocks or Funds
Out of context: Reply #15
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- vaxorcist0
Index funds, especially those from Vanguard have lower costs than most other mutual funds. Avoid any investment advisor who tries to sell you any particular fund or insurance package .. they're not an legitimate advisor, they're a salesperson trying to look like an advisor. Many fees are hidden, and any "load" mutual fund is a sales commission based "product" something that makes more $$ for the broker than you...
There was once a famous book called "a random walk down wall street" where randomly picked stocks outdid the vast majority of stock market analysts....
"Past Performance is no guarantee of future performance" .. this is a mantra... also remember that most advisors won't tell you about their failures, only their successes....
Warren Buffet was known to say that he bought stocks with the assumption that he wouldn't sell them for at least a few years.... so whatever you invest, be prepared to wait. Buying and selling too often will cost you transaction fees and taxes that use up much of your profits.