re: 50 Unfortunate truths about investing

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as far as investing in the markets goes not that i do not invest in stocks or funds but futures is more exciting.

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Well playing high stakes blackjack is more exciting than buying mutual funds too, but one is a significantly more effective investing strategy (at least in my experience).


Not equating what you do to gambling, but I go by the most important 2 rules in investing:

Rule #1: Never lose Money

Rule #2: When in doubt, refer to Rule #1

7. On that note, some investors who we call "legendary" have barely, if at all, beaten an index fund over their careers. On Wall Street, big wealth isn't indicative of big returns.