Most people think of investing as difficult, time consuming, stressful, and complicated. All the frantic activity most people envision with investing is actually just detrimental noise. Whip-sawing emotions, frequent trading, fees, more taxes, time consuming deep dives researching multiple companies will only set you up to fail. Most active investors and mutual fund managers cannot constantly beat a simple index fund.
My way of investing is to not play where I don’t have an advantage. For decades, most of my investing decisions could be counted on one hand – buy an index fund, buy more Berkshire Hathaway, build more storage units, or buy one to three quality single family rental homes. That’s it. All will work well enough for my goals. Combined, they have worked great. They have minimized taxes, have long financial runways, are low stress, and have proven to win the long game as I live and enjoy life. The lesson – do something, but don’t make it harder than it needs to be.