When is active stock picking a good idea?

[kimchi]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]


I'm virtually guaranteed to be a millionaire when I retire with some of the smallest risk you can take, as far as the market goes.

I know you think you have the market cornered, but I'm telling you, consistent returns of 11-14% are more than adequate.


[/ QUOTE ]

Consistent returns of 11-14% are more than adequate, but where do you get your "guarantee to be a millionnaire" from? What is it you're investing in than is so sure?

[/ QUOTE ]

I'm 90% to be a millionaire by the time I'm 35 in just retirement accounts. Unless the entire world's economy goes crashing down.

[/ QUOTE ]

But this isn't really relevant without details such as-
-your age now
-your current retirement savings.

I was asking the previous poster what he invest in that are so sure with very low risk.