I think the issue here in this thread (as well as many others) is the conflict between two distinctly different goals.Stinky wrote: ↑Mon Dec 28, 2020 5:57 amIf the objective is building wealth over time, rather than shooting for some arbitrary annual return number (15%), this is step 1. Save. Save. Save. A lot.
Then invest in index equity mutual funds. Earn market returns, no more, no less. Minimize your fees. Buy the whole haystack.
You'll build real wealth over time.
As I see it, Bogleheads, John Bogle, Index fund investing etc's goal is NOT the same as others. The goal for those is to have "enough". It is to take the best route possible at having the best retirement possible given the life choices one has made regarding employment/income matters.
This is ultimately quite different than the goal of "making money"