@jongolson, nice to see you bringing all that knowledge from the years experience in marketing. I remember our talk about this in Krakow, the one where I tried to give you some refined water. :)
The index fund idea is new to this ecosystem, but a proven one in the financial market. S&P 500 shall ring a bell to anyone. Let's see how it develops, as I think that it is a good buy and would probably stash some on the long run.
Posted Using LeoFinance Beta
ha ha ha ha First day in Poland and this guy is trying to get me drunk LOL
Yeah man, that's the idea for sure...All I've ever done in the stock markets is invest in the index...It's simple and doesn't require a PHd in investing :)
Index investing has beaten most of hedge funds managers over the long run.
Warren Buffet has put a bet on this, over 1 million $, saying that he picks an ETF and the best managers will not beat him. He won the million and if not him does not understand the market, who else?
Posted Using LeoFinance Beta