Hacker News Books

40,000 HackerNews book recommendations identified using NLP and deep learning

Scroll down for comments...

Sorted by relevance

richardwonSep 23, 2010

Seriously, stocks. Over the long term it'll do fine. The last 10 years has been a joke but it won't last forever. Focus on companies that pay an solid and increasing dividend, and don't sell them. That will force you to buy companies that you think will last. Some might not, so diversify. Read the book "Rule #1" - not a bad place to start. Except do what Buffett does - buy stocks that you won't sell (in general).

If you're worried about going all-in (which you should be) use value averaging, in which you put some money in each month, but more as the market drops.

http://en.wikipedia.org/wiki/Value_averaging

Built withby tracyhenry

.

Follow me on