All things STOCKS

#403
#403
All of you guys that trade in and out of stocks should set up a tracking account with a mystical sum of money invested into a low cost S&P 500 index fund. Every year you should look at your actual returns against the tracking fund and see which one is doing better.

I beat the S&P 500 a couple of times over the past 10 years but not more than by a percent or so. Most hedge funds can't do any better either, so why bother?

Warren Buffett even advised people to just play the S&P 500 game and stay away from individual stocks. If any of you guys can beat the market on a consistent basis, move to New York and make your millions.
 
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#404
#404
VolStrom said:
All of you guys that trade in and out of stocks should set up a tracking account with a mystical sum of money invested into a low cost S&P 500 index fund. Every year you should look at your actual returns against the tracking fund and see which one is doing better.

I beat the S&P 500 a couple of times over the past 10 years but not more than by a percent or so. Most hedge funds can't do any better either, so why bother?

Warren Buffett even advised people to just play the S&P 500 game and stay away from individual stocks. If any of you guys can beat the market on a consistent basis, move to New York and make your millions.
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You can also trade the S&P 500. It includes about half below average stocks and half above average stocks. Adding any exposure to those in the top half will enhance returns over just sticking to the broad average.

You don't have to move to NYC to make millions. There's now this thing called an internet.
 
#407
#407
Thunder Good-Oil said:
BTW, I always beat the S&P 500 in up years. I don't manage my risk very well in the down years.
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Good for you. I've played the follow everything the market does deal and researched the fool out of companies and patted myself on the back numerous times.
The bottom line is, you won't beat the market average over time and by that I'm talking 10,20,30 years. If you do, you've done really well and are exceptional when picking stocks.

"I don't manage my risk very well in the down years". I don't know how old you are but, that could be many or few downturns in the market. Be careful my friend.
 
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#408
#408
VolStrom said:
Good for you. I've played the follow everything the market does deal and researched the fool out of companies and patted myself on the back numerous times.
The bottom line is, you won't beat the market average over time and by that I'm talking 10,20,30 years. If you do, you've done really well and are exceptional when picking stocks.

"I don't manage my risk very well in the down years". I don't know how old you are but, that could be many or few downturns in the market. Be careful my friend.
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I've survived many downturns.

The returns on the S&P 500 ARE the average. It's not hard to do better than average. You're confusing actively managed funds with individuals. Individuals have a distinct advantage if they know what they're doing. Actively managed funds are run by guys that have to publish pretty reports every quarter and annually. Individuals can hang on to out of favor positions. Individuals don't have to rebalance... they can let an overweighted position ride the moves up. Those owning shares in those managed funds also surrender a percent or two to the operation of the fund. Once those funds reach a certain size, they become battleships that ilaren't at all nimble. When small guys exit a position there is no impact on the the security. Large funds have to exit many of their positions over multiple sessions and the selling can impact the price.
 
#415
#415
InVOLuntary said:
I'm just giving you hard time. Like I said, I purchased for the long haul. My Amazon is doing much worse.
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Long haul you will come out smelling like roses...

I bought netflix at $99 and it dropped below 80 for a while before the uptick.
 
#416
#416
bignewt said:
Long haul you will come out smelling like roses...

I bought netflix at $99 and it dropped below 80 for a while before the uptick.
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I just wish I'd have waited a couple of days. I could have gotten it for about 10% less. Same with Amazon.
 
#418
#418
Another bad day on the stocks!😱😨😵😟😠Killing us!👎Hate to see what happened to our IRA in March. If it was -$6000 we might be lucky. We were up $4k in Jan and lost that much in February.March is worse than February.
 
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#420
#420
TennFan said:
Another bad day on the stocks!😱😨😵😟😠Killing us!👎Hate to see what happened to our IRA in March. If it was -$6000 we might be lucky. We were up $4k in Jan and lost that much in February.March is worse than February.
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If you keep watching it every day and taking it personally you’ll get an ulcer. You are focused on 7 hour sessions of a multi decade investment strategy. It’s like looking at one spot in your yard with a magnifying glass and deciding the house sucks.
 
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#421
#421
It can't be that bad. I've still got open limit orders for some buys from a couple of weeks ago that haven't been triggered yet.
 
#425
#425
Biopsyman said:
Dow at 30K within 5 years.. Book it
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I certainly hope so, that's a nice slow sustainable increase.
Of course that will disappoint most of the "I bought 500 shares of (insert hot name) today" types thinking they will get rich in three days.
 
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