Another Millionaire Using Index Funds

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snarlyjack
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Another Millionaire Using Index Funds

Post by snarlyjack » Wed May 24, 2017 6:06 am

Here is another article of a millionaire using index funds
to become rich & how they did it.

Enjoy...

http://www.msn.com/en-us/money/personal ... spartandhp

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TheTimeLord
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Re: Another Millionaire Using Index Funds

Post by TheTimeLord » Wed May 24, 2017 6:43 am

snarlyjack wrote:Here is another article of a millionaire using index funds
to become rich & how they did it.

Enjoy...

http://www.msn.com/en-us/money/personal ... spartandhp
Now, 15 years later, Turner has eight businesses, both past and current, including a consulting firm that teaches architects and general contractors about energy efficiency. "Some terrible failures, some have done well," he says.

While becoming an entrepreneur isn't the right choice for everyone, it was the final piece of the puzzle that allowed Turner to "accumulate wealth quickly and get out of the rat race."
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]

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sometimesinvestor
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Re: Another Millionaire Using Index Funds

Post by sometimesinvestor » Wed May 24, 2017 6:48 am

Sorry . Its ok to be pro index funds but I doubt many readers would draw that conclusion out of this article. The subject turned his financial life around and there are useful lessons in the actions he took but he did NOT become a millionaire because of index funds though its possible that he made it a year sooner. though if he had picked the right active funds he might have made it even sooner Index. funds are not the answer and I think a partial proof of that is the success of Vanguards active funds.At least 40+ percent of active management out perform before fees.. AS many Bogleheads understand (its the fees thta count)

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LadyGeek
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Re: Another Millionaire Using Index Funds

Post by LadyGeek » Wed May 24, 2017 3:45 pm

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