That's in a diversified portfolio of long-term investments, a fairly reliable income.
A "diversified portfolio of long-term investments" is nothing. It's not a reliable income, it's not a reliable strategy
But nobody said it is a strategy. Nobody even said the investments must all be in equity all the time. Windmills that you perceive to be giant warriors. Why must every statement on
The suggestion that you *should* be investing if you're not a skilled, well-versed, highly-competent investor implies that money is generated in the market.
In spite of recently becoming a well-versed student of horticulture, how can you still assume this? Desirable stuff need not be generated at the place where it is acquired. There is a lot of stealing in the vegetable market - gourds the dealer knows to possess worms within are sold at "high" prices. Yet vegetables remain PART of most good nutrition strategies.
You don't have to outright say a thing to *say* a thing. Smoking
You don't have to outright *send* giant warriors to fight you. Just erecting windmills is enough for you to mistake them for giant warriors and start fighting them.
and historically has lead people to believe smoking would make them healthy, happy, relaxed,
There was a time in 18th century when it was the considered opinion of many influential members of society that tobacco is good for health. Later research proved them wrong.
At what time point do you think stocks became completely bad idea as a part of "diversified portfolio of long-term investments" ?