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Most Robinhood customers will not reliably make more money trading every day than they would buying and holding Vanguard Index funds ($VTI is a good place to st
by harryh 10y ago
Most Robinhood customers will not reliably make more money trading every day than they would buying and holding Vanguard Index funds ($VTI is a good place to start).
- JBReefer 10y agoGiven how frequently this is said, I'm shocked that people still don't get it. The only way you know more than analysts is: A. be a full time analyst B. work at the company you're trading If you're on Robinhood, you're not A. And if you're B, you're in touchy legal waters. The average unsophisticated trader loses money vs those ETFs in even small time frames.
- devopsproject 10y ago> The only way you know more than analysts is is to flip a coin: https://finance.yahoo.com/news/coin-flip-beats-listening-wall-203001989.html https://finance.yahoo.com/news/coin-flip-beats-listening-wal... Now you could argue that diversification is key and that the best way to diversify is to choose an index vs picking your own asset mix. But deifying analysts is absurd