How index funds work: why doing nothing beats most experts
Buy the haystack: why a few stocks make almost all of the stock market's gains
Since 1926, most American stocks have done worse than the safest short-term loans to the government. Yet the stock market as a whole made a fortune. Where did all that money come from?
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Miva makes her list: five big, solid companies she knows well. She will keep it simple. No experts, no fees, just good companies.
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A finance professor, Hendrik Bessembinder, once looked at almost every American stock from 1926 to 2016, about 26,000 of them. He followed each one from its first day on the market to its last.
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