Is Investing in the S&P 500 All You Need to Retire a Millionaire?
Picking individual stocks can be a lot of fun (and potentially rewarding). However, for most of us, investing in a simple index fund makes the most sense -- at least for the bulk of our retirement fund. That's because most investors are typically better off not trying to beat the market, but instead just riding its rising tide for a few decades.
The good news is, even this passive approach to investing is likely to allow the average income earner to become a self-made millionaire by the time he or she decides to retire.
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Source Fool.com