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Joined 10 months ago
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Cake day: March 12th, 2024

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  • Probably, good… for investors. It’s better to invest in ETFs over mutual funds for many/most people. A mutual fund is an investment vehicle in which a manager aggregates a bunch of stocks and sells share in the group of stocks. This limits the risk and ensures more gains but the manager needs to be paid. An ETF is like a mutual fund without a manager, the choice of stocks is done automatically by computer software and tries to track the market (or market segment) as a whole. So, less money is lost to paying fund managers and the software is pretty smart.

    History has shown a that, on average, automatically managed funds outperform funds managed by people.

    There are a lot of people out there who think they are smarter than the market, including fund managers. They are not. If you have money to invest, like in a IRA or 401k, you should put it in ETFs.




  • See, you just need to wear glasses that project something to foil the facial recognition. Of course, they’ll come up with something to jam your obfuscator but you can upgrade to full body EM cloaking. Of course, they’ll implement…

    It’s just going to be a constant escalation until rich people don’t go out in public anymore and poor people get regular back room body modifications.