DISQUS

DD · 1 year ago

B-

This is good stuff. It reminds me of a story my Dad always told about my 3rd or 4th cousin who was a pit boss in Reno... When my dad asked him how he felt about taking money from a guy who should be spending it on his kids shoes and what not, he simply replied- "If I don't take his money, the casino down the road will"

On a more serious note, I think we all need to spend more time investing in our only real wealth, Body Mind and Soul.

Get smart! let us put shingles on our homes in heaven. The stock exchanges are nothing more than a pimple on the buttocks of human history.

The one constant with man kind is this: Give us enough time and we will destroy any thing that god gives us that is good... Then we go beg for his help to re-build, and he has mercy on us so we can start a new.

Mitch22 · 10 months ago

The house always wins. Great article Mutual Funds for Young Investors

1modelcitizen · 10 months ago

Hi Mitch22! Thanks for swinging by! Can we be friends? Great! (hoping you said yes). I'm a giver and like to help my friends. There are two ways I can help you. First, your info page mentions: "This Blog contains... investment advice for...:" Strike the word "advice" and replace it with "information." In addition, you and I both need : a footer with something about the "Advisers Act" provided for in Section 202(a)(11)(D). This exemption is available for the publisher of any "bona fide financial publication of general and regular circulation."

Second: Mutual funds always have been and always will be a massive rip off because they underperform their relative indices 95% of the time (due to 12-b-1 fees). That is why ETF's were invented (right after the Gardner brothers testified before The House of Reps about the above disparity (in 1996, I think). Young investors should invest in investing education (takes another 4 years of actual trading personal savings at SCREW U [aka NYSE, NASDAQ, etc.] after a degree in anything).

K bro. That's it. Can you help me get some traffic? :-)