Ray Dalio

In my experience, by diversifying well, index funds are likely going to reduce risk and perform better than most investors could achieve on their own. Picking individual stocks requires time, skill, and effort that many people cannot afford. The low fees of index funds also make them an attractive long-term investment for most investors.

I believe that while real estate can provide stable returns, stocks generally offer higher potential for growth and diversification. The stock market allows for easier liquidity and access to a broader range of industries and innovations, making it a more dynamic investment choice.

The idea of taxing unrealized gains is complex and presents both potential benefits and significant challenges. While it could generate substantial revenue and address income inequality, it could also discourage investment and innovation. We need a thorough analysis and discussion on this matter.