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Trying to beat the stock market, when it's incredibly difficult. Even actively managed mutual funds fail to consistently beat the market average.
by 3minus1 8y ago
Trying to beat the stock market, when it's incredibly difficult. Even actively managed mutual funds fail to consistently beat the market average.
- neogodless 8y agoThat's called "thinking you're smarter than everyone else." That's not the same as being intelligent. You can read about and learn how to intelligently invest your money over the desired time period for the goal you have. And if you have a long time period, you can read that you're most likely to succeed by dumping it in a total stock market index fund!
- 3minus1 8y agoI still think it's a trap that a lot of smart people fall into. I know a lot of really smart people who try to beat the stock market.