John “Jack” Bogle (May 8, 1929 – January 16, 2019) was a philanthropist, and investor, an author, but most notably, he was the visionary …
We have all heard stories of people losing life savings from investing in Enron or people who invested too heavily in dotcoms when that bubble burst in 2000. These are real risks that influence real dollars. It is irresponsible to jump into the market with both feet if you don’t know what you are doing.
So now that you are ready to just stuff your cash in your mattress rather than invest in the market, let me tell you about index fund investing.
Investing is one of the most important ways you can grow your wealth over time, but it can also seem intimidating to people who haven’t invested before or who have lower incomes. Investing can actually be very simple, especially since the best investment advice is “set it and forget it.
The stock market performs like a rollercoaster… nobody knows when it’s going to go down. What goes up must come down. Just focus on your strategy and stick to it for the long term.