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People who directly invest the majority of their savings on the stockmarket should be wacked upside the head, repeatedly. Even in funds that are the majority in such unreliable equities are a stupid idea. There is this strange idea out there that the market in the long term only goes up and up and up. It goes up, it goes down and in the life of a 10, 20 or even 50 year diversified portfolio the market can start and finish at the same point, it's happened in the past and it'll sure as hell happen again.
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Good friends, good books and a sleepy conscience: this is the ideal life.
- Twain
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