Originally Posted By: surfstar
Originally Posted By: linkbelt
Originally Posted By: Oldmoparguy1
Uh oh.......
Is this it?
Could Be!
Think again! Look at today's markets.
"nobody knows nuthin"
Drew, the thread title is "Investors....come in please!"
I believe trading falls closer to gambling/speculation than investing, if there were a spectrum.
Index investing is a [very] good way for long term growth. I follow the Boglehead style and will continue to preach it. I'm intrigued by chart talk, but do not see how technical trading can/has outperform(ed) long term indexing. Mr. Buffet believes that all one needs to do is own an S&P 500 index for long term investing and has instructed his wife to do so with their assets if he predeceases her.
I own ETFs that could be traded on a daily basis, but they are all low-cost index funds, of which I buy and hold.
I will continue to "preach" Boglehead type indexing, as there may be members who are lurking and will look into this type of investing. (which over the long run, will beat 90%+ of actively managed funds) They may question their poor (high expense ratio) 401k funds and look to improve their options. This would even more helpful to someone who came here for information vs trying to time the pop or double-headed dragon formation of a particular chart.
OK, no biggie. Sorry I got a bit peeved. You're right, index investing for long term savings is a great way to invest, but when trading with leverage/options or 3x ETFs etc., you have to manage risk really tightly. That's why I post a lot about what the SP500 is doing because I like to trade SPY options based on the short term trend of that index.