Quote:
Originally posted by: #1MavsFan
But the fact of the matter is the market isn't like it used to be and even when it was striving people had to spend countless hours researching their stocks to make a profit but now after spending all that time researching you don't really make a profit. Even if the stock market magically rebounds in the next couple years with the huge debt, and the questionable at best economy who’s going to spend all that time keeping up with there stocks...after doing there day job? Think about it.
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You're misinformed.
Of course everyday management of individual stocks is time consuming - but that is hardly what any reasonable person would do. The age of the "day-trader" died with the tech boom. Nobody with a regular job watches the ticker all day... and you don't have to.
For beginners especially there is limited liability and even less responsiblility in "keeping up with" Mutual Funds. Overall, mutuals are protected by their diversification and are managed for you - not by you.
The dems have got you looking at this all wrong.
You shouldn't be afraid of losing
that money - but afraid of losing out on the money that intial investment will generate.