View Single Post
Old 10-27-2004, 01:13 PM  
paxton
Confirmed User
 
Join Date: May 2002
Posts: 1,156
Index funds.

Not sexy, not exciting, but a solid long-term way to grow money, keep expenses down, and stay tax efficient (most index funds minimize taxable distributions).

Of course, if anyone is too macho to own a wimpy "mutual fund" they can always buy the ETF equivalent and tell their friends and family they own stocks.

I could go on and on about the advantages of passive investing over active investing ... but I won't.

paxton
RipCity, USA
paxton is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote