RBS: "Sell (Mostly) Everything"
- Thread starter Ramblejam
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and now
"Goldman Sees 11% Upside in S&P 500 After an `Emotional' Selloff"
NOBODY KNOWS NUTHIN'
If they tell you differently, they're either stupid or a liar.
"Stay the course" is what Bogle advises. Buy and selling based on emotion is sure to net you losses. Investing is much different than "trading", which is gambling.
"Goldman Sees 11% Upside in S&P 500 After an `Emotional' Selloff"
NOBODY KNOWS NUTHIN'
If they tell you differently, they're either stupid or a liar.
"Stay the course" is what Bogle advises. Buy and selling based on emotion is sure to net you losses. Investing is much different than "trading", which is gambling.
Oh I agree. If anything, I'd think a downturn would be a good time to start investing. Better buying power.
I do wonder if auto makers will start to dry up incentives, to slow down sales a bit, then bring back incentives to prop sales back up. If the economy is slowing, they might not want to expand lines, thus remove incentives to slow the market--then in a year or whatever bring them back.
I do wonder if auto makers will start to dry up incentives, to slow down sales a bit, then bring back incentives to prop sales back up. If the economy is slowing, they might not want to expand lines, thus remove incentives to slow the market--then in a year or whatever bring them back.
Fidelity Reviewed Which Investors Did Best And What They Found Was Hilarious
http://www.businessinsider.com/forgetful-investors-performed-best-2014-9
We recently highlighted this chart from Rich Bernstein that shows just how terrible you are at investing: don't forget it.
O'Shaughnessy: "Fidelity had done a study as to which accounts had done the best at Fidelity. And what they found was..."
Ritholtz: "They were dead."
O'Shaughnessy: "...No, that's close though! They were the accounts of people who forgot they had an account at Fidelity."
http://www.businessinsider.com/forgetful-investors-performed-best-2014-9
We recently highlighted this chart from Rich Bernstein that shows just how terrible you are at investing: don't forget it.
O'Shaughnessy: "Fidelity had done a study as to which accounts had done the best at Fidelity. And what they found was..."
Ritholtz: "They were dead."
O'Shaughnessy: "...No, that's close though! They were the accounts of people who forgot they had an account at Fidelity."
I don't know and didn't look up the context of that graph.
My guess is that the "average investor" was one who owned only stocks and traded themselves. No mutual funds or index ETFs. Just a hunch.
Look how well you would have done to simply own an S&P 500 index fund. Right near the top sector for returns. More diversified vs other options/sectors, also.
My guess is that the "average investor" was one who owned only stocks and traded themselves. No mutual funds or index ETFs. Just a hunch.
Look how well you would have done to simply own an S&P 500 index fund. Right near the top sector for returns. More diversified vs other options/sectors, also.
True. When I get around to investing I plan on going straight to index funds.
What I don't get is how index funds pull it off. But I guess the people who manage them, well, it's their day job to know how to do it--they get paid to pick the portfolio, thus they spend more time per day on it then I could spend in a month.
What I don't get is how index funds pull it off. But I guess the people who manage them, well, it's their day job to know how to do it--they get paid to pick the portfolio, thus they spend more time per day on it then I could spend in a month.
Originally Posted By: supton
True. When I get around to investing I plan on going straight to index funds.
What I don't get is how index funds pull it off. But I guess the people who manage them, well, it's their day job to know how to do it--they get paid to pick the portfolio, thus they spend more time per day on it then I could spend in a month.
An index fund tracks a certain index (SP500, etc.). It takes the analysis of investment options out but increases trading costs as they rebalance the fund at some intervals.
True. When I get around to investing I plan on going straight to index funds.
What I don't get is how index funds pull it off. But I guess the people who manage them, well, it's their day job to know how to do it--they get paid to pick the portfolio, thus they spend more time per day on it then I could spend in a month.
An index fund tracks a certain index (SP500, etc.). It takes the analysis of investment options out but increases trading costs as they rebalance the fund at some intervals.
Originally Posted By: surfstar
and now
"Goldman Sees 11% Upside in S&P 500 After an `Emotional' Selloff"
NOBODY KNOWS NUTHIN'
If they tell you differently, they're either stupid or a liar.
"Stay the course" is what Bogle advises. Buy and selling based on emotion is sure to net you losses. Investing is much different than "trading", which is gambling.
Goldman, Bogle, Fidelity ect make no money when you pull out of equities, DO you really think they have your best interests in mind?
and now
"Goldman Sees 11% Upside in S&P 500 After an `Emotional' Selloff"
NOBODY KNOWS NUTHIN'
If they tell you differently, they're either stupid or a liar.
"Stay the course" is what Bogle advises. Buy and selling based on emotion is sure to net you losses. Investing is much different than "trading", which is gambling.
Goldman, Bogle, Fidelity ect make no money when you pull out of equities, DO you really think they have your best interests in mind?
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