How to make your fortune the easy way


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With all the frantic trading done on Wall Street, it is easy to assume that frequent traders have a better perceived outcome in the market than more relaxed investors, but that's not true. There are easy-even lazy-strategies that beat market averages

In the iconic '80s filmThe Breakfast Club , Andrew, the jock, takes part in a game in which he must say what he would do for a million dollars. His answer-which even now strikes me as sheer genius is, "What would I do for a million bucks? Well, I guess I'd do as little as I had to..." If you are thinking "how lazy!" this may not be the article for you. But if you agree with me, read on.

Still here? Good, because those other guys may not realize it, but they are going to have a rough time of it. No matter what the perceived reward, never sign up for unnecessary hardship. Even if you seek the path of least resistance, you're going to encounter plenty of it in this world. If you seek resistance out, you are going to encounter more of the same than you can imagine. Furthermore, the way I see it, the less the effort that goes into getting rich, the more we can iterate the process. Hence, this isn't really about laziness, but the desire for prosperity-decode that how you may.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: investing , personal finance , Stocks

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