Before I start talking about my Big Idea 2, here are some words of wisdom I had with A after he read about my previous post. The conversation are broken down into sessions which I deem are words of wisdom and even if you knew them, it can act as a reminder. "The question is about diversification. I have a dual answer to that. If you are not a professional investor. If your goal is not to manage money to earn a significantly better return than the world, then I believe in extreme diversification. I believe 98% - 99% who invest should extensively diversify and not trade, so that leads them to an index fund type of decision with very low costs. All they are going to do is own part of America. And they have made a decision that owning a part of America is worthwhile. I don’t quarrel ...