Why You Should Invest in The S&P 500 vs Individual Stocks

So you want to manage your own money, but don't know a thing about stocks? Learn about the S&p 500 and low cost mutual funds, and you could be on your way to a lucrative investing career. In this video I take you inside my actual portfolio using a site called Sigfig (http://www.sigfig.com). It's free, and can track your progress in the stock market. It's showing me that I suck, and should have chosen the S&P rather than think I could choose some good individual stocks!

Comments

1. +Ethan Vanderbuilt .......this is what Warren Buffett advises and infact the instructions left for his heir (wife) to follow.
2. You should learn about value investing. This principle will change your life. Look on YouTube for Buffett books
3. Lets say I'm starting out small with monthly investments of only $250. Since its such a small amount, what is the best way to get the most bang for my valuable dollars? What's a good fund that mimics the S&P 500 since it isn't an actual fund and what is the cheapest way to do it? (no deposit minimums and low brokerage fees)
4. so were do i buy the funds&
5. Invest in the  Vanguard S&P 500 fund, Vanguard Balanced Fund, and Vanguard Emerging Market Fund.  Always buy a used car for cash.  Invest 478 dollars spread out in these funds from 30-70 you will have 10 million dollars.
6. Invest in extremely low load S&P 500 index funds. Keep a little in bonds and keep10k in cash on hand and you are good to go.