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- Aug 30, 2011
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This is great advice. Or if you really want to start playing, keep a small Robin Hood or other account with absolutely only what you are ready to lose. The likelihood of beating a low-cost ETF like Vanguard in the long-run are pretty small but the risk is a heck of a lot higher.My only recommendation for a novice is not to wade in beyond index ETFs until you aren't one anymore. I know that is snarky, but I think a lot of people are going to get wrecked. Some of the folks putting money in via Robin Hood have really only seen things go up, it may feel like free money.