Excellent Investment Advice...

Before Google's IPO, they engaged several finance experts to come in and educate their millionaires-to-be about investment.  One expert's advice:

...Stanford University’s William (Bill) Sharpe, 1990 Nobel Laureate economist and professor emeritus of finance at the Graduate School of Business. Sharpe drew a large and enthusiastic audience, which he could have wowed with a PowerPoint presentation on his “gradient method for asset allocation optimization” or his “returns-based style analysis for evaluating the performance of investment funds.” But he spared the young geniuses all that complexity and offered a simple formula instead. “Don’t try to beat the market,” he said. Put your savings into some indexed mutual funds, which will make you just as much money (if not more) at much less cost by following the market’s natural ebb and flow...

The same advice was delivered by multiple investment experts.  For about ten years now, it's what I've been doing (though I'm using ETFs instead of mutual funds, but same idea).  I'm happy with the results.  I know lots of people who are not happy with the results of their attempts to beat the market...