Re:“Buy and Hold” No More: The Resurgence of Active Trading
by CarelessExpert on Saturday April 10, 2021 @04:48PM
(#26765000)
Well you can keep arguing based on your feelings. I'm arguing based on data. You can choose to ignore that data and try your luck. Just recognize your past performance will not guarantee future returns.
Re:“Buy and Hold” No More: The Resurgence of Active Trading
by mancerayder on Sunday April 11, 2021 @06:33PM
(#26774098)
Tell that to the legions of Silicon Valley employees who get paid in publicly traded stock as part of their total comp. Those no good, gambling, risk-taking, market-timing risk takers, them! Didn't they read Bogle?
There's something strange about the framing of the passive index fund scenario. Over 20-30 years? I'm not interested in beating that benchmark if I'm interested in increasing my net wealth in the next few years. Downvote away, this is my experience and feeling on the topic, not financial advice to others.