This is a very simple book to learn about investing.
The main takeaway from this book is that you don’t need to be super smart to invest your money.
The broker is friendly because the friendlier they are, the more money their clients invest with them.
I love this line from the book “Broker is not there to make you money but to make money from you.”
The book suggests investing in low-cost index funds because, in the long term, you may not have an exciting story to tell your friends that the stock you picked went sky high.
But past historical records show that you will make more returns from investing in low-cost index funds than from picking an individual stock.
Not all index funds are equal, so we must do our due diligence.