3 ms·
If you are using the above logic of 'if you bought in 2008 and held today' - then it's about market timing, not fundamentals. Anyhow - you cannot win over time
by edblarney 10y ago
If you are using the above logic of 'if you bought in 2008 and held today' - then it's about market timing, not fundamentals.
Anyhow - you cannot win over time, unless you can beat Deep Blue over chess.
And by 'win' I mean outperform the market.
Of course, some people will, some won't - but it's a game of probability there.
Again - unless you specifically have more information that the person you are trading with - then you're throwing darts at the board.
99.9% of Retail Traders do not have any special information WRT their investments. Ergo, they are not really investing.
- icedchai 10y agoWhen people say "timing the market", they mean short term timing. Holding for almost a decade is not market timing.