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Anyone who is giving you "beat the market" type shit has probably last a ton of money and are just lying to themselves at this pointA few years ago I decided to drop any "beat the market" bullshit and just use a passive global index fund for a market-average 7-8% a year return. Long term (10+ years), almost no one beats the S&P500 stock index, so why even bother? Market speculation is only designed to make stock brokers richer with everyone else's money.
I'm only talking about my main savings. I get it if you want to speculate on a smaller scale for fun.
WWAW never owning a single stock but having all your savings other than a 6-12 month emergency fund in total US and total world stock market index funds?A few years ago I decided to drop any "beat the market" bullshit and just use a passive global index fund for a market-average 7-8% a year return. Long term (10+ years), almost no one beats the S&P500 stock index, so why even bother? You're not "the smart one" who predicts this stuff better than everyone else. Market speculation is only designed to make stock brokers richer with everyone else's money.
I'm only talking about my main savings. I get it if you want to speculate on a smaller scale for fun.
What happened to the good old days grab your container of coffee go to work get paid in cash go home
This is all I do. I don’t put it in anything but VOO or VIX or SPY anymore.A few years ago I decided to drop any "beat the market" bullshit and just use a passive global index fund for a market-average 7-8% a year return. Long term (10+ years), almost no one beats the S&P500 stock index, so why even bother? You're not "the smart one" who predicts this stuff better than everyone else. Market speculation is only designed to make stock brokers richer with everyone else's money.
I'm only talking about my main savings. I get it if you want to speculate on a smaller scale for fun.
NASDAQ!Buy high sell low
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