Re: Young poker players and their winnings?
1. If you wanted poker advice, you wouldnt go to morningstar. Dont come to 2p2 for investing advice.
2. That said, an S&P500 index fund is going to get you too much variance. You need a broader portfolio.
3. If you're going learn how to DIY, you hvae a lot of work to do. Start with some of the Bogle, Bernstein, Random Walk stuff, etc. YOu also ought to look into ETFs.
4. If you dont want to DIY, you can go with a simple Vanguard balanced fund like VTTHX
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