From last weeks WSJ: Malkiel is one of the fathers of using index funds as an investors most efficient way to get exposure to the stock market. His book: "A Random Walk Down Wall Street" is the book I recommend as a place to start an understanding of investing in stocks.
I remind investors: Your money in the stock market is money that you will not need to touch for at least 10 years. Trying to predict the short term stock market fluctuations is a dangerous game. But over longer periods, those who stay the course will generally do well.
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