Originally Posted by frayne
I would think anyone with remedial math and reading comprehension skills could easily see the benefits of low cost, no load, index mutual fund investing. It sure as heck ain't rocket science and sometimes people just get hung up on analysis paralysis. IMHO it is truly a no brainer.
I think I understand the problem. In every other important area of our life when we face a seemingly complex issue with many choices (medical care, legal problems, big structural problems with a home, etc) it is worth seeking professional advice, and paying for it. With investing, it is natural for a new investor (or even an experienced one) to believe that folks who have special training, special tools, and the ability to dedicate their entire day to the pursuit can find the better stocks. And the advertising from Wall St makes the whole thing seem very daunting and complex. Especially if you are a person who seeks the "best buy" when you spend money, it take a deliberate, conscious effort
to accept that buying the market is the best approach most of us can take (after considering costs and risk). Luckily, that approach is now easily available and, for most of us, if we start early enough and stick to the course, it is good enough to get the job done.