Q: How does investing work?
- A: Quite well, actually. The stock market is the 8th Wonder of the world.
Q: Can you tell me how to double my money?
- A: Fold it in two. Or buy and hold an index fund.
Q: How can I invest when I don’t have any extra money?
- A: No one ever does. Setup to automatically move money to investments.
Q: Isn’t investing gambling?
- A: No, some people gamble with the stock market, but that isn’t the market’s fault.
Q: Where can I find someone who knows what the stock market will do?
- A: Nowhere, don’t try.
Q: How does day trading work?
- A: Poorly, unless you’re the brokerage.
Q: Why do most investors make less than the market rate of return?
- A: They guess or pay professional guessers.
Q: How can professional stock pickers average worse than random results?
- A: Because they don’t know the future, but charge you for guessing.
