Today I have 5 stocks i've bought over the past 60 days. I wont take the time to post my past 24 years of investing. I'm doing ok and so is my team of close friends I bounce ideas off of.
You can be doing okay, you can even be beating the S&P 500 in the short term; but if you're beating the S&P 500 over the long term you are beating almost every professional team of fund managers.
I mean, look at what Fidelity is doing with FZROX and FZILX. Both Vanguard and Fidelity are locked in a crazy fee war [1] to be the GOAT of asset management companies [2]. How the hell do you compete with Fidelity as an individual stock picker when there are no fees to speak of to participate in this fund?
I've seen people mentioning that HFT can totally and consistently beat indexes [3], but then a) can I even get in on the action with less than $1000 and b) is the automated system in place any good?
I was actually up 13% on ENB a Canadian pipeline company. My gain is cut in half because I doubled up on shares. I'm long on everything but RHT which is a cash payout.
You’ll probably make 10% on this trade. But the is risk of losing more than that if the transaction doesn’t close for some reason is real. That’s not free money.
minimax|7 years ago
unknown|7 years ago
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unknown|7 years ago
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dsmithatx|7 years ago
pertymcpert|7 years ago
smileysteve|7 years ago
is not year over year
> doing ok
You can be doing okay, you can even be beating the S&P 500 in the short term; but if you're beating the S&P 500 over the long term you are beating almost every professional team of fund managers.
https://www.amazon.com/Random-Walk-Down-Wall-Street/dp/13240...
orojackson|7 years ago
I've seen people mentioning that HFT can totally and consistently beat indexes [3], but then a) can I even get in on the action with less than $1000 and b) is the automated system in place any good?
[1] https://riabiz.com/a/2018/12/13/vanguards-asset-machine-wobb...
[2] https://news.ycombinator.com/item?id=18701283
[3] https://news.ycombinator.com/item?id=19228699
dsmithatx|7 years ago
dsmithatx|7 years ago
kgwgk|7 years ago