Quote:
Originally Posted by Noneya
I don't think you understood. Short term is far more predictable, because of simple math. That doesn't mean it's more predictable for you - it's more predictable for professionals. My advice on investing in an index fund is precisely due to the above - unless you're a professional with a lot of resources the best you can do is the market. Anything else is gambling around it. If you enjoy that - go for it.
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What makes you think I am not a professional? That was arrogant assumption.
Show me professionals that are beating the market. You realize the hedge fund community has woefully underperformed the market pretty much forever. And vanilla mutual funds struggle to beat the market. Most can not. Hence the rise and now fame of passive strategies. The very best and most acclaimed are failing.
I am sorry you are just wrong. There really is no way other way to put it.