[JMintzer]

Originally Posted by jimjamuser

So, here is how it works. You get your 20-year-old grandchild to start investing because they have the KEY ingredient in a method to use the stock market to build wealth. It can be called the Warren Buffet method or some call it "buy and hold". To use this method you need time (20 or 30 years) and patience and investible funds. Then, what you CAN'T do is pick only one stock to buy and hold for 20 years. Won't work - the chance of loss is too great. You can't even buy 10 stocks - the chance of loss is still too great. You must buy ALL the stocks in the market, actually MOST all.

So how the He__ do you buy most of the US stock market? Before 1993 you could NOT. Then Electronic Traded Funds ETFs were created to mimic the S+P 500, which was basically the WHOLE US stock market.......available for purchase at a low overhead cost to investors big or small. There are several call letters for different companies that cover the S+P - (SPY), (VOO), and (IVV).............. (google those)
........You can't beat the market, but you can buy the market and go with it............upward.........over time

Except when it crashes...