Investment Advice

Out of context: Reply #24

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  • shapesalad2

    Chatted to a former fund manager recently, himself a multi-millionaire now... after 25 years in the business he quit, realising, you can't beat the index. His advice mirrored what I've learnt from dabbling in equities for the past 5 years: Buy the index and hold. Or buy a fund that buys the index, something like FRCL or WTAN if you're uk based. FRCL has 150 years of paying dividends. Reinvested dividends, wait. With compound interest, it's all win.

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    • Can’t beat the robots.HijoDMaite
    • Read this as an indication of just how broken the market has become.monNom
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