Why buying the index is the way to go

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Post Reply
Topic Author
leftcoaster
Posts: 738
Joined: Mon Jul 23, 2007 4:04 pm

Why buying the index is the way to go

Post by leftcoaster »

Lots of folks believe they can beat the market by picking winners. I know that I cannot and so it was a helpful reminder when I read this story in today’s NYT about how the stock rally lead by tech is now being led by other sectors about which I know very little. And rather than try to sweat that out, I spent time with my family instead. Could I have beaten the index? Maybe. Could I do it day after day, year after year, get enough sleep, develop life interests that I care about, and spend time with those close to me? Definitely not.

Thanks to Mr Bogle for making it possible to buy the basket and to the BHs for years of reassurance about staying that course.

https://www.nytimes.com/2021/07/02/busi ... -half.html
Post Reply