The system promoted by this article doesn’t hold up in the long run according to the very interesting study discussed in this video:

Also, as others here have pointed out here, as more and more money is accumulated in ETFs that focus on the large companies that most funds hold; this strategy becomes unstable and a hazard to the general economy in terms of efficient allocation of resources. If ETF investing simply becomes a bet on the sustainability of central bank blown asset bubbles then the ETF losses when the bubble pops will be much much larger than the average investor ever expected. John Q Public expects ETFs to keep him safe when in actuality they could be setting him up for the mother of all wealth destruction experiences.

SGI Buddhist, Loves Irish and Latin American Literature, History buff, knows a great deal about Medicare

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store