If you can’t beat the indexes, buy them. :)
The corruption of the last century is breathtaking. When the truth comes out, many will have to be admitted to their local hospital's psychiatric ward.
I took care of my son’s IRA account. He put in a total of $10,000 last year and here at the end of the year it’s at $16,000. Is that beating the S&P?
for most people in most circumstances, it is best to invest in a broadly-diversified very low cost fund (a large no-load index fund will usually do just fine as their primary stocks vehicle)
and then add smaller investments of their own choosing outside their fund.. if only to satisfy their desire to “play” the market ... or for some additional purpose like, say, “add an inflation hedge since Biden has unleashed the inflation dragon and it is only gonna get much, much worse”
I’m not against these added investment ventures, they can be selected to reflect the owner’s psychology, desire for risks, and/or specific personal objectives. The core investment fund, though, should I really believe, be along the lines indicated above.
I’ll bet Members of Congress beat the S&P last year.
No, that’s entirely wrong. They can’t beat retail. We can hold longer than they can stay solvent.
The WSB apes crushed a lot of the hedge funds when they tried to short various stocks and use their media allies to jawbone companies’ stock prices down.
Remember the Gamestop short squeeze? Remember the AMC short squeeze? It was the hedge funds - most definitely including Melvin Capital - which were getting squeezed.