Could Index Funds Be ‘Worse Than Marxism’?

Yes, the problem is that I'm not taking my modest savings, that I will 100% rely on for retirement, and taking risks with it. Of course, how silly of me.

The concept that middle class Americans need to risk the money they've saved over a decade AND risk their ability to retire all in the name of "the market" is so stupid that I thought this was an April Fool's article until I saw the publish date.

This sounds to me like a lot of old school investment firms are mad that they aren't getting a piece of the pie anymore. There are modern firms making investments in companies that are themselves changing the way the world works, but they're all in the Bay Area. Average investors should continue to play it safe with most of their money and set some aside if they want to gamble a bit. It's sensible advice with data to back it up and our responsibility is not "making a bet on shorting Tesla or going long on Apple" or "hedging Europe and plowing money into Vietnam."