Re: Couple newb questions about opening an online brokerage account.
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It is reckless. My advice would be to put the money in index funds and then experiment in a play money account.
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It seems everyone suggest that index funds are the right way to go. So is that to say that real money making should be left to the experts? And I a play money account is the same as a poker play account. You never put as much effort into a play account as you would into a real account. Having positive results in a play account can be a recipe for disaster. Once again i just find it troubling, the common suggestion of "put it into an index fund".
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