Picking NCAA Teams Is Like Picking Stocks

With 2 days left in the NCAA Tournament, do you know how many perfect NCAA basketball brackets are left? That’s right…zero, zip, nada!

Of the millions of brackets that were filled out, the longest lasting was from a 26 year old from Cleveland.

When asked what his secret was, he responded “nothing.” After his first two picks advanced he hasn’t watched a full game the entire year.

Now, picking winning teams is just as hard as picking winning stocks. There are so many companies to choose from. But how do you know which one will win in business and make you a ton of money?

Well, it’s almost impossible.

That’s why when it comes to investing in the stock market, I suggest buying low-cost mutual funds or ETFs (exchange traded funds).

A good example is the Vanguard 500 Index fund which boasts a very respectable 11% return since its inception in 1976.

In fact, Billionaire investor Warren Buffett said in a letter to investors he advised the executors of his will to invest in the same fund after his passing.

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