Invest in lowcost index funds from "summary" of The Simple Path to Wealth by Jl Collins
The idea is elegantly simple: you buy shares in a broad stock market index fund that tracks the market as a whole. This strategy provides broad diversification, which is the hallmark of a sound investing approach. By investing in the entire stock market, you are essentially investing in the success of American business. The beauty of this strategy lies in its simplicity and effectiveness. There is no need to pick individual stocks or try to time the market. Instead, you are harnessing the power of the market as a whole. Low-cost index funds are particularly attractive because they have low fees and expenses compared to actively managed funds. These fees can eat into your returns over tim...
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