Intelligent and responsible investing can be simple and uncomplicated. It involves buying a globally diversified portfolio of low management fee index funds, exchange-traded funds (ETFs) or passively managed funds in an appropriate asset allocation. After the initial purchase, there is very little to do except rebalancing perhaps once or twice a year and tax-loss harvesting when needed.
Here’s the part that’s difficult.
Ignore the financial news. Stick to a disciplined plan. Understand that no one has the expertise to pick stocks, time the market or select the next “hot” fund manager over the long term. Don’t confuse luck with skill.
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