Re: choosing an investment management firm
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Index funds are for lazy people. If you're lazy, that may be the way to go. Or, you can save up in a money market fund for a year or so, and then find an investment management firm. Most of them won't take smaller amounts.
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Index funds aren't for lazy people. Not everybody has the time nor inclination to self-select their own investment portfolio, and even if they did, they would still probably be better off indexing. Passive investing suitably meets most people's long-term investment objectives.
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