Comments: Where the Pros Stash Their Own Dough; Use Index Funds

I promise I didn't write this -- though I could have.

Here's a comment a reader who responded to my post on Where the Pros Stash Their Own Dough:

I'm a big proponent of index fund investing and preach to whoever asks my opinion on investing. What I'm amazed about is the number of people who still believe they can outsmart the market. "Why settle for market returns? With a little research I can definitely do better!" This is the response I hear when I talk about index funds. Analysts spend countless hours researching and most can't beat the market. When are people going to understand?

I agree 100%!!!!!

Reminder: Free Money Finance is currently in Russia.

Comments

[Chris]

I'm guessing you either haven't read the Motley Fool books, or don't like them. Those guys, the Gardner brothers, claim to beat the market consistently. Then, of course, there's guys like Warren Buffet.
I like indexes, and will probably start investing with one, but will dabble with individual stocks from time to time. Will I be successful? Time will tell, but I believe you should reach for stars. Even if you can't reach them, you'll often attain new heights.

[FMF]

Just for the record, I do what you're suggesting. Most of my money is in index funds, but I do buy individual stocks as well.