(01-31-2020, 08:41 PM)pirkster Wrote: If you aren't beating the curve, then you don't know what you're doing.  Leave it alone in a ETF that has a good 1, 3, 5, and 10 year average vs the market and you can beat the averages.  A lot of funds out there above 10% annual average growth.

I found a bell cow fund that helped me grow 45% last year, while only using a fraction of my overall investments to build it.

This year starting off good, too.  Today, a day most took a hit - I actually took some profit (+16% on a particular fund for the month/+10% on the day alone) and picked up a few new ETFs I'd been eyeing a while since they dipped.

The leveraged and leveraged inverse aren't for the faint of heart, that's for sure!

"Bulls make money, bears make money, pigs get slaughtered."  

Why do all that work trying to beat the average, and risk doing worse than the average, when you can get the average for no work at all?  Just buy the index and hold it forever and you will do really really well.  I know it's boring, and people like to think they're smarter than the average investor, and they just have to "do something," but in most cases, people do the wrong thing.  That's a fact.  Most investors trail the market because they cannot resist buying, selling, moving their assets, and just in general trying to be smarter than average.  They think they can predict the future.  There's no need for that.  Just buy the index, hold it forever, and you are 100% assured of achieving the market average.  And that will be pretty darn good.  

I am no paragon of virtue on this subject, by the way.

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