Automatic investing is not some revolutionary technique that was just invented. It’s a simple way of investing in low-cost funds that is recommended by Nobel laureates, billionaire investors such as Warren Buffett, and most academics. And me.
There are many ways to invest. What yyou choose to invest in is up to you. I prefer to invest in what
I see my peers spend money on because one way or another there will be some sort of return.
It involves spending most of your time choosing how your money will be distributed in your portfolio, then picking the investments (this actually takes the least amount of time), and finally automating your regular investments so you can sit and watch TV while growing your money. Hey, we’re lazy. We might as well embrace it and use it to our advantage.
Automatic investing just works. Here's one of the things I invest in. It just works