• Reminder: Do not call, text, or mention harrassing someone in real life. Do not encourage it. Do not talk about killing or using violence against anyone, or engaging in any criminal behavior. If it is not an obvious joke even when taken out of context, don't post it. Please report violators.

    DMCA, complaints, and other inquiries:

    [email protected]

The PFG Forum Official Stock Market Thread

Not bad

Forum Clout
19,579
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.
 

Cuphead

Formerly know as Fat Abbot
Forum Clout
51,447
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? 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.
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 point
 

Uncle Ruckus

Daniel Mullen from insightsoftware is a pedophile
Forum Clout
2,460
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.
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?
 

Dog Eater

Paint Tin ASMR Enjoyer
Forum Clout
51,098
I once met a dutch guy (no joke) who used astrology to predict the stock market and invest. He told me very seriously that the price of oil would either go up or down very soon. I would place him in the top 10 stupidest people I’ve ever met based on that comment alone.
 

Harry Powell

not a fan of comedy, I’m a fan of cruelty
Forum Clout
93,495
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.
This is all I do. I don’t put it in anything but VOO or VIX or SPY anymore.
 
Top