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[–] 2 points 4 hours ago* (1 child)

So we trust our money to some Wall Street type, and then get called stupid when we pick the wrong dudes.

99% of account managers and financial advisors are just some dude. The only sensible thing to invest in is an index fund like VOO, SPLG, FXAIX, IVV, or for non-US stuff, VEU, VSS, or something else based on an index appropriate to your needs.

Genuinely, the best known growth strategy in a capitalist market is also the lowest-brain strategy. Buy an index fund, and then do nothing.

Everything else is just giving money to someone else to do a worse job on average.

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