Consider passive investing strategies from "summary" of Investing Simplified by Chuck Price
Passive investing strategies involve investing in a diversified portfolio of assets and holding onto them for the long term. This approach aims to minimize trading and avoid trying to time the market, which can be a difficult and often futile endeavor. Instead of constantly buying and selling securities in an attempt to outperform the market, passive investors believe in the power of patience and consistency. One of the main advantages of passive investing is its simplicity. Instead of constantly monitoring the market and making decisions based on short-term fluctuations, passive investors can set their portfolios and forget about them. This hands-off approach can save time and mental energy, allowing investors to focus on other aspects of their lives. Another benefit of passive investing is its cost-effectiveness. Because passive investors typically buy and hold a diversified portfolio of low-cost index funds or exchange-traded funds (ETFs), they incur lower fees and expenses compared to actively...
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