Wednesday, October 22, 2008
Where to Invest
I have stated before that this market provides a great buying opportunity for long-term investors. The question becomes what to buy. Picking the winners is always difficult, especially in a market like we have now. In this article Knight Kiplinger ("Knight" is a pretty cool name) suggests avoiding the risk of picking the winners and buying the whole market. I agree. I have been buying the market via the Vanguard Total Stock Market Index Fund. Indexing is a great way to invest, for a convincing case on index investing read A Random Walk Down Wall Street by Burton Malkiel, a Princeton economist.
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