I get all kinds of junk in my Gmail spam folder about special reports on investing. They also invite you to participate in some kind of “pump and dump” penny stock scam. That’s not what this is about.
If you’ve followed my blog for any length of time, you know that I follow Dave Ramsey and put a lot of stock in what he has to say. I listen to his podcast almost daily. One of his ELPs (Endorsed Local Providers) has a free report that Dave is making available on his website. Click the link and download it. Dave does not advocate getting out of the market. He advocates buying certain varieties of good growth stock mutual funds. Buying single stocks is too risky. When you buy single stocks, you’re at the mercy of idiots who short Apple whenever Steve Jobs sneezes or spends an extra minute in the bathroom. I don’t know whether to laugh or cry when Apple stock suddenly drops several percent on any news story however inane.
Buying funds and planning to stay in for the long term is the strategy that pays off every time.