Successful long-term investing can be achieved through a simple strategy: consistently investing in broad market indexes like the S&P 500, reinvesting dividends, and holding for decades, as even professional hedge fund managers cannot consistently outperform the market over the long term when fees and commissions are considered.
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Simple investing wins: diversify, stay patient, let compounding work. #investing #wealthbuilding thAdded:
It's really simple. Just buy a Vanguard no load S&P 500 and hold it and don't ever sell it. At the end of the day, unless you're [music] a professional investor that's on it every second and like you just really know what you're doing. Even the most successful hedge fund managers can't beat the S&P over the long term and especially when you're including the fees they charge, the commissions, uh the tax advantages of buying and holding and reinvesting dividends. So, [music] you're going to end up much much better off and it's been mathematically proven. You should just buy the S&P and just hold it for 30 years.
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