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#1
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I just love how Shoe is giving this recommendation but passing on it b/c he is sure he can do better than 6% in 5 months. How he still is convinced that with no prior investing experience he can beat the market without luck is amazing to me. I have overall beaten the market over a 4 year period, but over that time, half of my money was in index funds and the many losses I had in individual investments were outweighed by a few good (probably just lucky) picks. When you put 10% of your portfolio in AAPL at $36, it helps a ton.
I believe Shoe will never beat the market over an extended period unless Nintendo or some other stock that he heavily invests in goes on a multiyear run. So if he ran a "mutual fund" with a couple of 100 stocks instead of 25% in Nintendo or something he would never be able to. |
#2
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Owning 100 stocks is not necasarily a good thing. If I ran a mutual fund I wouldn't add more stocks just to have more.
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#3
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Your birthday nonsense is gay
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#4
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The cake kind of looks like a crown. Which is rather fitting, since I am the king of the stock market.
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#5
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[ QUOTE ]
king of the stock market [/ QUOTE ] Mods, custom title pls. |
#6
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or Stock Market Peasant, if sarcasm isn't your thing.
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#7
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[ QUOTE ]
Owning 100 stocks is not necasarily a good thing. If I ran a mutual fund I wouldn't add more stocks just to have more. [/ QUOTE ] Very true, any good mutual fund knows to put 50% in NTDOY and 50% in SIX. Shoe, I apologize for flaming you a little bit, but I just wish you would wake up to reality before you not only cost yourself, but possible others. I would be willing to wager any sum of money that you can not beat the market for 10 years straight and that you can't earn 20%-30% for more than 2 years straight. |
#8
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[ QUOTE ]
[ QUOTE ] Owning 100 stocks is not necasarily a good thing. If I ran a mutual fund I wouldn't add more stocks just to have more. [/ QUOTE ] Very true, any good mutual fund knows to put 50% in NTDOY and 50% in SIX. Shoe, I apologize for flaming you a little bit, but I just wish you would wake up to reality before you not only cost yourself, but possible others. I would be willing to wager any sum of money that you can not beat the market for 10 years straight and that you can't earn 20%-30% for more than 2 years straight. [/ QUOTE ] I could bet you, but it would be -EV for me (whether i won or lost). If i can't beat the market, i lose to you in addition to what I already lost in the market. If I win the bet, my money would have been better off in the market because it would have more than doubled in the mean time, so although I won the bet, I'd be losing out on opportunity cost. So unless you are willing to give me some pretty good odds I will not be taking any bets. |
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