Mutual funds are a waste of time. Read the prospectus on most of them and they buy all the same companies. You can buy Apple, Microsoft, Exxon Mobil by yourself just like they can.<quoted text>
Republicans = Real stupidity.
Being afraid of personal responsibility and recongnizing the inherit capabilities of individuals are not unrelated. Paid professional money managers who manage mutual funds: How many meet or exceed their benchmark just in a given year? How many do it every year?
And these people are paid to do nothing but manage money all day long.
What chance do most part-timers have?
Google and research the following terms:
1. Pay yourself first
2. Dollar cost averaging
3. Dividend reinvestment
4. Direct stock purchase
In addition to that, stay out of debt to the maximum extent possible. Pay off your bills completely every months.
Anybody can do those things.
The hardest part is starting NOW. Don't wait. Start NOW.