At one time I did it myself. I invested in mutual funds that had solid track records and a couple solid stocks. I worked around a group of friends that were all about investing, funds, stocks, etc. and were on top of it. In 1987 (Black Monday), my solid stock (IBM) took a beating, and it took many years to recover to breakeven. In the decades that followed I let my "safe" mutual funds churn along doing reasonably well. I didn't see the tech bubble was about to burst nor how badly it was going to take a hit, so I lost about 50% in several funds. I was working somewhere else where people weren't focused on their investments, and I just "let it ride". That was a major lesson for me; if I don't have the time or knowledge to stay on top of it, let someone (company) that does it 24/7 manage it. Sure, I pay a fee, no one works for free! I don't want my retirement years even modestly consumed with my investments vs turmoil in the world, markets, elections, etc. IMO, if staying on top of investments is something you want to do, great; me, I'm content to know my money will outlive me as I enjoy the coming years worrying about nothing.
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