Originally Posted by
MsTaylorLeigh
I think that all makes sense except for the part about Wall Street not affecting us. Institutional investors make up about 70% of all stock trading volume despite only owning about 17% of all financial assets. That tells me that institutional money moves the market and the rest of us are just along for the ride.
That's why I like ETFs. I know I can't beat the market because I know that people who get paid millions usually can't so I'll just ride along knowing that I'm going to 'win' over time just by putting my money in.