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What to get rich?... This is how...
Old 05-24-2016, 05:31 PM   #1
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What to get rich?... This is how...

Slowly over time...

Good read... for me it took from age 6 to 47
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Old 05-24-2016, 05:59 PM   #2
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Bogle's Folly. All praise to index funds. 40 years and counting. Ya gotta love time in the market.

Retirement stash in hindsight maybe 90% index and doing nothing, 10% everything else (1966-present) - real estate rentals, raw land, coins, a patented gold mine(don't ask it's embarrassing), dividend stocks, penny stocks,tech stocks and some timberland. Psst Wellesley and many other mutual funds over the decades.

I still do a 'few good stocks' to keep the male hormones happy as well as watching football in season.

heh heh heh - a monumental failure as an astute speculator/investor. The index fund I didn't watch that much while auto investing regular amounts over a very long period of time turned out to be the big dog on the porch.
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Old 05-25-2016, 11:07 AM   #3
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What to get Rich? Whos rich? Is that short for Richard?
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Old 05-25-2016, 11:55 AM   #4
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How about a little more of a summary than "good read"?


The article advocates buy-and-hold, and compares it to the poorer performance of panic selling after a 2% drop and buying back in 20 days later (regardless of how the market recovered). I doubt many here would learn anything new.
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Old 05-26-2016, 06:46 PM   #5
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Originally Posted by RunningBum View Post
How about a little more of a summary than "good read"?


The article advocates buy-and-hold, and compares it to the poorer performance of panic selling after a 2% drop and buying back in 20 days later (regardless of how the market recovered). I doubt many here would learn anything new.
Summary? Click on the link and read, or?
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Old 05-26-2016, 07:24 PM   #6
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Summary? Click on the link and read, or?
Blind links are frowned upon here, for good reason. If you think it's a good read, tell us why.
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Old 05-26-2016, 07:42 PM   #7
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Slowly over time...

Good read... for me it took from age 6 to 47

41 years to read it?
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