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I was curious about what MJ and you guys think about Bogleheads' approach to investing.
From the page Getting started - Bogleheads, this is what it preaches:
Prepare to invest:
Yes, it reminds me of the slowlane. But if you already had a business making a lot of money, you'd find yourself wondering where to invest that money (what MJ called money system, IIRC).
I always see the S&P 500 recommended, but I am also looking at World ETFs such as the All-Words UCITS ETF that almost tracks the entire economy.
If not investing in that, what do you invest in? Real estate? Bonds? There aren't many options when I think about it.
From the page Getting started - Bogleheads, this is what it preaches:
Prepare to invest:
- Live below your means
- Develop a workable plan
- Never bear too much or too little risk
- Invest early and often
- Diversify
- Invest with simplicity
- Use index funds where possible
- Minimize costs
- Minimize taxes
- Never try to time the market
- Stay the course[note 1]
Yes, it reminds me of the slowlane. But if you already had a business making a lot of money, you'd find yourself wondering where to invest that money (what MJ called money system, IIRC).
I always see the S&P 500 recommended, but I am also looking at World ETFs such as the All-Words UCITS ETF that almost tracks the entire economy.
If not investing in that, what do you invest in? Real estate? Bonds? There aren't many options when I think about it.
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