You are NOT smarter than the market. I promise. If we had 100 of you (and if you're really lucky), 50 would beat the market and 50 wouldn't. It's simply gambling. Overall, it's a better payoff to simply play the whole market.
I get my money from several ponzi schemes
You are NOT smarter than the market. I promise. If we had 100 of you (and if you're really lucky), 50 would beat the market and 50 wouldn't. It's simply gambling. Overall, it's a better payoff to simply play the whole market.
Unfortunately, I dumped everything into bow-tie futures last June.
Well that didn't pan out.
Unfortunately, I dumped everything into bow-tie futures last June.
Well that didn't pan out.
* Of course you can do what you want. It's my opinion that what you're doing is very risky, that's all I'm saying.1.) It's my money. I can do what I want with it.
2.) It's not that hard to beat the market when you follow the rules (i.e. invest in what you know so you know when issues are arising)
3.) I'm really in it for the dividends and the splits which the ones I am holding are guaranteed dividends. The splits will come when the market comes back up.
4.) The market has evened out for the most part.....holding what I have right now will be a guaranteed return with at least the next couple of months.
5.) I got tired of people managing my funds for me, I've made more in this past month that the funds have yielded me in 6 years.
You pay for the protection of mutual funds. They take operating expenses off the top. You arent just buying entire shares of the market you are paying for professional management.
ETFs would are closer to having a little bit of everything because they are flow through entities.
Small systems are easily to comprehend. Retail, tech, etc. All depend on people and the economy in general. Other things arent as effected except by inflation/deflation.
The whole random walk theory is not as solid as people make it out to be.
* Of course you can do what you want. It's my opinion that what you're doing is very risky, that's all I'm saying.
* You're not understanding here. If its "easy" to beat the market, everyone would do it and then you'd be right back to the average. You have a 50/50 chance of winning big or LOOSING big.
* Stock splits make money? Maybe I'm not up on that. How? And assuming all of this isn't in some sort of IRA, you also have to pay taxes on your earnings, which sucks since it means you're really paying taxes twice.
* You have no idea what the market will do. Period. It's about 60% emotion and 40% fact, which means it makes about as much sense as a woman.
* Again you're looking at short term gains. You simply cannot continue to do that over the long haul. It's all luck...
Yeah we did. In 2006ETFs seem like a good bet, but they're a relatively new fad. I'm a big proponent of index funds, which are somewhat similar (I think we talked about this before).