the.com/personal investing
betting on the future with money you'd otherwise waste on things that don't compound.
means the practice of putting your own money into assets you hope grow faster than inflation eats them.
from began with amsterdam's stock exchange in 1602, but stayed a rich person's game until index funds and discount brokerages in the late 20th century let regular people play too.
time beats timingmissing the ten best market days guts decades of returns.
fees compound tooa 1% annual fee can eat a third of lifetime gains.
most active traders losestudies show over 80% underperform a simple index fund.
start date matters moststarting at 25 instead of 35 can double your ending balance.
for instance
warren buffett bet — buffett's 2007 wager proved index funds beat hedge funds over a decade.
robinhood app — 2013 launch made zero-commission trading a phone-tap habit.