P.S. to my last... Use index funds wherever you can. Long term VERY few people beat the index.
you are absolutely correct about the index funds angle.
S&P and Nasdaq.
they are giving better % returns than most of the active managed funds I am in. Over the long haul, of course.
that said, I still like to play with some active managed funds......just because it satiates my desire to day-trade...
I am NOT smarter than the market....none of us are. Thus......index funds.