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Ask HN: What's your advanced investing advice?

5 points| CoreSet | 4 months ago

I've followed all the basics - emergency fund, pension plan, Roth IRA, taxable brokerage account, etc

Now I'm looking at "what comes next" - all individual growth stocks are so overvalued as to make fundamental analysis meaningless, real estate is inaccessible at my income level, and alternatives like gold, crypto, et al, don't pass the smell test of beating basic index funds.

Bogleheads would say that's a feature, not a bug - there is no beating a market.

But is there really nothing more?

8 comments

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bix6|4 months ago

Look at what money managers do for HNWI. Less about beating the market and more about preserving assets no matter the situation.

Gold is beating the S&P YTD by 3x.

Venture capital or angel investing may also interest you if you’re accredited and like supporting startups.

ronbenton|4 months ago

Ride the indexes (or target retirement funds)

The only people who have consistently "beat the market" ended up in prison for running Ponzi schemes

bdangubic|4 months ago

ride the indexes if you want to get rich, if you want to get wealthy absolutely not. no wealthy person is index investor. the number 1 rule of investing is that you should know what you are investing in and no one sane knows everything about all the companies in a given index fund. so while conventional wisdom is ride the indexes, if you care about your money and are willing to put the necessary time in for research index funds should be the last thing you invest in.