‘Good Investing Is Usually Quite Boring’

‘Good Investing Is Usually Quite Boring’

If you find investing “fun”, you’re probably taking bigger risks than you should. Adam Nash, CEO of Wealthfront, puts it well: “Good investing is usually quite boring.”

Picture: Singkham (Shutterstock)

Put another way: would you rather be sexy or rich? The investing you see in TV and movies — constantly buying and selling stocks, watching the market every day, and so on — may be sexy, but the best way to make money, especially for normal folks, is to buy a few good index funds and (mostly) leave them alone for many years. It may not be exciting, but unless you’ve devoted your life and career to the stock market, it’s the best way to grow your wealth over time.

Wealthfront’s Adam Nash: Why Investing Shouldn’t Be Fun [Forbes via @InvestorJunkie]


The Cheapest NBN 50 Plans

Here are the cheapest plans available for Australia’s most popular NBN speed tier.

At Lifehacker, we independently select and write about stuff we love and think you'll like too. We have affiliate and advertising partnerships, which means we may collect a share of sales or other compensation from the links on this page. BTW – prices are accurate and items in stock at the time of posting.

Comments