Thanks for the comment Tim. I understand a lot of people feel the way you do, but there is no evidence (research and data) to back up the claim that the average person can’t get a food return.

If they simply invest in a low cost, passive index fund (but the whole market) they are statistically more likely to come out with better net returns than most of the mutual funds or Wall Street traders you mention.

Luckily. It’s never been cheaper or easier to buy index funds. Some go as low as an annual fee of 0.02% per year and can easily be bought online with only a few bucks.

Economic policy wonk by day. Personal finance writer by night. I write about investing, debt, and all things related to money. Editor of Making of a Millionaire

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store