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[QUOTE="Lodestone, post: 7312913, member: 1063725"]
Active stock trading is a massively losing endeavor for the large majority of people. This is also true of poker.

Fortunately for folks who want to invest there are a lot of high quality asset managers with a wide variety of offerings. If you have over 100k worth of invest-able assets you should be seeing a fee based financial planner who isn't going to be selling you overpriced mutual funds.

Another thing I'd recommend that has been lost in modern 'investment advice' that I hear is geographic diversification. The amount of Canadians that I know that are exclusively invested in S&P500 index funds is mind boggling to me. Warren Buffet started this trend and many people treat it like gospel. I don't understand why people don't see it for what it is- a great opportunity for Berkshire Hathaway (WBs company) to exploit index fund flows with their massive cash reserves. I think at least 50% of your portfolio should be invested at home because you have a vested interest in your home economy doing well.
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