• 2 Posts
  • 203 Comments
Joined 1 year ago
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Cake day: July 11th, 2023

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  • Are you interested in Buddhism as a philosophy or a religion? If you want to be religious, I can’t be much help. I think that the most fruitful aspects of Buddhism are the philosophy of the self and mindfulness mediation.

    Why don’t you try calling or emailing your nearest Buddhist temple? I honestly think the average temple would be quite happy to hear from a person who wants to be more active in the religion. Buddhist people tend to be very welcoming and accepting, because they’re Buddhists.


  • There are tons of mutual funds, worth doing research there. I like Vanguard Growth index fund myself.

    I think the idea that a clever young man can beat the market by making clever individual stock trades is a myth perpetuated by wall street to keep folks throwing money into the market. Casino owners want people to think that they can hit it big if they try their luck.

    If your car needed a new engine, would you do this yourself or hire a professional? If your house had a gas leak, would you fix it yourself or hire a professional? Why then would you manage your own investments if you’re not a financial advisor?

    If you’re interested in it as a hobby, put 90% of your money in a mutual fund and play slot machines with other 10%. But don’t presume that playing slot machines with 100% of your savings is a sound investment strategy.

    Trading individual stocks is free. Mutual funds have a minimum buy in. Your local high school theater is free to attend. Hamilton tickets are $500 minimum. This is because one of these things is worth attending.


  • Are you planning on day trading? Do you have access to information that other day traders do not? If not, I would put everything into a mutual fund and forget about it. Until you have more money, then I would put that money into the same mutual fund and forget about it.

    Or, try buying individual stocks for a year, and see if your layman’s picks outperformed a normal mutual fund. If you did not beat the mutual fund, then you have discovered why you should put everything in a mutual fund and forget about it.