This content was created by Ramit Sethi. This content was uploaded by Ramit Sethi. This is a YouTube video titled "What's the best way to invest?" created on February 12, 2009, discussing investment strategies such as index funds and lifecycle funds, and recommending books for further reading.
You should not be buying individual stocks, you should be buying index funds and my favorite type of investment lifecycle funds. Because all you do is just tell them your age and they give you a low cost fund that rebalances for you. Okay? People think investing is about picking great stocks. It's not even professional investors who do this for a living and get paid millions of dollars a year can't even beat the market doing that. Okay? So index funds go read about them in those two books, the Boglehead's guide to Investing and the smartest investment book you'll ever read. Both of those are linked off of on my Amazon page as well.
