Investing is one of those things that can take a lot of additional time for rapidly diminishing returns. You could spend 40 hours a week trying to pick stocks and come out under the performance of a good index fund that you can set and forget. Even if I could do slightly better, my time has value associated with it. I'd liken it to real estate. Go ahead and buy the house you plan to live in, but once you own multiple properties you become a landlord. Whatever other profession you have quickly becomes secondary.
So for me it's a basic auto-deduction 401k split equally into five low fee index and mutual funds. They rebalance annually. It's a dead simple dollar cost averaging approach that does well enough and I don't have to think about it.
Oh and FYI, both my parents are/were bankers. One is investment licensed, and I've worked as a banker in the past. So even with training in this area I choose the simple approach.
So for me it's a basic auto-deduction 401k split equally into five low fee index and mutual funds. They rebalance annually. It's a dead simple dollar cost averaging approach that does well enough and I don't have to think about it.
Oh and FYI, both my parents are/were bankers. One is investment licensed, and I've worked as a banker in the past. So even with training in this area I choose the simple approach.