Justafan Posted March 19 Report Share Posted March 19 (edited) S&P index fund out performs 95% of portfolios over the long haul. The numbers are even worse for non professional investors. Complicated portfolios are for suckers. There are no shortcuts and for every 1 that got lucky on an investment that hit at the perfect moment, there are a 1000 that lost their shirts. Your odds are worse than gambling. Edited March 19 by Justafan OILERMAN 1 Link to post Share on other sites More sharing options...
OILERMAN Posted March 20 Report Share Posted March 20 12 minutes ago, Justafan said: S&P index fund out performs 95% of portfolios over the long haul. The numbers are even worse for non professional investors. Complicated portfolios are for suckers. There are no shortcuts and for every 1 that got lucky on an investment that hit at the perfect moment, there are a 1000 that lost their shirts. Your odds are worse than gambling. Pretty much my entire investment principal Justafan 1 Link to post Share on other sites More sharing options...
Justafan Posted Friday at 02:03 AM Report Share Posted Friday at 02:03 AM 2 hours ago, OILERMAN said: Pretty much my entire investment principal Because it actually works. It’s just not sexy so people don’t want to hear it. Everyone thinks they can outsmart the market. OILERMAN 1 Link to post Share on other sites More sharing options...
Titandan Posted Friday at 02:43 AM Author Report Share Posted Friday at 02:43 AM 34 minutes ago, Justafan said: Because it actually works. It’s just not sexy so people don’t want to hear it. Everyone thinks they can outsmart the market. To each their own... at our age (assuming 40's-50's) your advice is probably the right call. But someone in their 20's-30's, I think they can take a bit more of a risk on more volatile stocks. I just started too late so I feel like I need to make up for lost time. My returns have been on average 15-20% annually. Will slowly shift toward S&P index and some conservative dividend ETF's. Justafan 1 Link to post Share on other sites More sharing options...
OILERMAN Posted Friday at 08:14 AM Report Share Posted Friday at 08:14 AM 5 hours ago, Titandan said: I just started too late so I feel like I need to make up for lost time. My returns have been on average 15-20% annually. Will slowly shift toward S&P index and some conservative dividend ETF's. Since the 08 recession the S&P 500 has had just 4 down years. Only one of those was even that much. Otherwise the returns have been 23, 12, 13 29, 11, 19, 29, 16, 27, 23 and 24%. Good luck beating that. Why aren't you posting what got you 15-20%, which is what the S&p has done anyway Justafan, and Titandan 2 Link to post Share on other sites More sharing options...
ctm Posted Friday at 08:37 AM Report Share Posted Friday at 08:37 AM 6 hours ago, Justafan said: Because it actually works. It’s just not sexy so people don’t want to hear it. Everyone thinks they can outsmart the market. Unless you have advanced education in finance, then you aren't qualified to pick individual stocks. Justafan 1 Link to post Share on other sites More sharing options...
Justafan Posted Friday at 12:32 PM Report Share Posted Friday at 12:32 PM 3 hours ago, ctm said: Unless you have advanced education in finance, then you aren't qualified to pick individual stocks. Even most of those guys don’t consistently beat the market over the long haul. Link to post Share on other sites More sharing options...
Titandan Posted Friday at 06:15 PM Author Report Share Posted Friday at 06:15 PM 9 hours ago, OILERMAN said: Since the 08 recession the S&P 500 has had just 4 down years. Only one of those was even that much. Otherwise the returns have been 23, 12, 13 29, 11, 19, 29, 16, 27, 23 and 24%. Good luck beating that. Why aren't you posting what got you 15-20%, which is what the S&p has done anyway Palantir and Google have been my main winners. But took too little a gamble with them to make much of a difference. But my account has been better than S&P even if by a little. Link to post Share on other sites More sharing options...
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