Viewing a single comment thread. View all comments

FizzyBeverage t1_jaenxrb wrote

Investing is a form of gambling with managed risks, to be sure.

The alternative is losing most of your nut to inflation in a static savings or ultra conservative money market account.

2

[deleted] OP t1_jaepjyd wrote

[deleted]

1

FizzyBeverage t1_jaeq1l5 wrote

You can buy SPY and do ok. Or if you want to get fancy, open an account with fidelity. They position you in the stocks/bonds/funds that make sense, and do all the decisions so you don’t end up holding the bag. This has been a ridiculously bad year on the market, but most years are better.

1