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Topic	Great Freakonomics episodes on the basics of personal finance and investing
The Admiral 09/06/17 10:27:15 AM #32:	DifferentialEquation posted... Darkman124 posted... DifferentialEquation posted... Why no stocks assuming it's with money after 401k & IRA are maxed and it's invested companies that you believe will be good long term and you're not attempting to day trade? because "what you believe" is probably not correlated with long term market performance at all What would you recommend doing with extra money after retirement accounts are maxed? The advice above, and which I agree with, would be to put that into a low-cost index fund. If you're relatively young (under 25), you should have about 80% of your money in equity-related investments (which includes those index funds) and the other 20% in bond funds. Both Vanguard and Fidelity have great selections of low-cost funds in both of those categories. --- - The Admiral <cite>The Admiral posted [p:886121342] in Great Frea... [t:75745168]...</cite> <quote><cite>DifferentialEquation posted...</cite> <quote><cite>Darkman124 posted...</cite> <quote><cite>DifferentialEquation posted...</cite> <quote>Why no stocks assuming it's with money after 401k & IRA are maxed and it's invested companies that you believe will be good long term and you're not attempting to day trade?</quote> because "what you believe" is probably not correlated with long term market performance at all</quote> What would you recommend doing with extra money after retirement accounts are maxed?</quote> The advice above, and which I agree with, would be to put that into a low-cost index fund. If you're relatively young (under 25), you should have about 80% of your money in equity-related investments (which includes those index funds) and the other 20% in bond funds. Both Vanguard and Fidelity have great selections of low-cost funds in both of those categories. --- - The Admiral</quote> ... Copied to Clipboard!
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