Quote:
Originally Posted by tophcfa
That only works if one wants to put in the time and effort doing research and analysis in an attempt to pick individual stocks that will outperform market index funds with very low management fees. Most investors claim they are good at that, but very few actually are, unless they are privy to material inside information. Personally, after a long career as a portfolio manager, I prefer to put our portfolio on autopilot and spend my retirement time swimming, golfing, biking, etc…
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Hey! No need to go all judgey. The condescension in that post is amusing.....in the biz you were you say? Interesting, but no reason to take umbrage with investors who choose a different way.
Boomer