Don’t try to beat the market
“Buy an index fund,” Fellowes said.
Investing can be a major part of a robust retirement plan, but actively trying to outperform the market can spell trouble. Fellowes mentioned that from 2012-2017, 84% of professional money managers didn’t outperform their benchmark indices.
For him, index funds are a good way to grow your finances with the market without the headache of actively trading.