The deeper one delves, the worse things look for actively managed funds.

The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.

For the taxable investor, indexing means never having to say you're sorry.

If your broker or investment advisor is not familiar with the concept of standard deviation of returns, get a new one.

99% of fund managers demonstrate no evidence of skill whatsoever.

A fast food job, for most people, should be an entry level position. If you see no path for advancement beyond that, it's time to take a real fast look at your human capital and learn a skill that will make you more money.

An index fund is a fund that simply invests in all of the stocks in a market. So, for example, an index fund might invest in every single stock or almost every single stock in the U.S. market, it might invest in every single stock abroad, or it might invest in all of the bonds that are out there. And you can make a perfectly fine investing portfolio that mixes equal parts of all three of those.