How do individual investors make investment decisions in practice rather than in theory?
How do they manage their funds/savings/ investments in light of current stock markets? What do efficient frontier and optimal portfolios have to do with this assuming I can invest directly in the stock market and do not need any financial intermediaries like brokerage houses.
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Answer by Grumple
Unless you have a seat on the exchange you will need a brokerage. I use Schwab.
Ive had a big cash position for a while and Im starting to deploy it in Financials, piplines, wind energy, technical, and mining.
I try to buy solid companies and ride the storms out. I take a few flyers to keep it interesting.
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Goodness is the only investment that never fails, Lisbon, Portugal
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